In order to be able to contribute to an HSA, your healthcare plan must meet
certain High Deductible Health Plan (HDHP) deductible limits.
Not exact matches
Health savings accounts — authorized by the Medicare Modernization Act of 2003 — are available only to people enrolled in high - deductible health insurance plans meeting strict criteria, including certain minimum deductibles and out - of - pocket max
Health savings accounts — authorized by the Medicare Modernization Act of 2003 — are available only to people enrolled in
high -
deductible health insurance plans meeting strict criteria, including certain minimum deductibles and out - of - pocket max
health insurance
plans meeting strict criteria, including
certain minimum
deductibles and out - of - pocket maximums.
The adjustments — sometimes called above - the - line deductions because you can claim them whether or not you itemize deductions — include (among other things)
deductible contributions to Individual Retirement Accounts (IRAs), SIMPLE and Keogh
plans, contributions to
Health Savings Accounts (HSAs), job - related moving expenses, any penalty paid on early withdrawal of savings, the deduction for 50 percent of the self - employment tax paid by self - employed taxpayers, alimony payments, up to $ 2,500 of interest on
higher education loans and
certain qualifying college costs.