Health Savings Account (HSA) Contribution Calculator
This Health Savings Account (HSA) calculator determines the amount you are allowed to contribute to your HSA account for the current tax year. The maximum amount of money that can be deposited into an HSA depends on several factors including the account holder's age, and whether the person has single or family coverage. In general for 2014, if you have a qualifying High Deductible Health Plan (HDHP), you can contribute up to $3,300 if you have individual coverage or $6,550 if you have family coverage per year. Your total contribution can also be increased if you are age 55 to 65 by with a $1000 'catch-up' contribution. *
Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Aaron Smith, P.C.
270 Benton Drive
East Longmeadow, MA 01028
Phone : (413) 525-0009
Fax : (413) 525-8822