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Posts Tagged ‘who is eligible foreligibility for’

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 [...]