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Posts Tagged ‘medicare part b’

May someone age 65 or older contribute to an HSA?


Posted on December 12th, 2008 by WPJ

In Administrative, Procedural, and Miscellaneous Notice 2004-50, the IRS addresses this question. See Questions 2 and 4, excerpted below:
 Q-2. May an otherwise eligible individual who is eligible for Medicare, but not enrolled in Medicare Part A or Part B, contribute to an HSA?
 A-2. Yes. Section 223(b)(7) states that an individual ceases to be an eligible individual [...]