Who Is Eligible for an HSA in 2019?

In 2019, Health Savings Accounts (HSAs) continue to be a popular choice for many individuals looking to save for medical expenses. To be eligible for an HSA, you must meet certain criteria:

• Be covered by a High Deductible Health Plan (HDHP)
• Not be enrolled in Medicare
• Not be claimed as a dependent on someone else's tax return
• Not have other health coverage that is not an HDHP

These criteria help ensure that HSAs are used by those who truly need them for healthcare expenses. Additionally, there are contribution limits and other rules that apply to HSAs.

When considering a Health Savings Account (HSA) in 2019, it's crucial to understand the eligibility criteria. To qualify, you need to be enrolled in a High Deductible Health Plan (HDHP), and it’s also important that you're not enrolled in Medicare, nor can you be claimed as a dependent on someone else's tax return. Furthermore, you cannot have other health coverage that isn't classified as an HDHP. These rules ensure that HSAs support individuals who genuinely need financial assistance for medical expenses.