When should I prorate my annual HSA contribution amount?
- When should I prorate my annual HSA contribution amount?
- The most common reasons include:
- You had a reduction in health plan coverage
- Your high deductible health plan has been terminated
- You turned 65 and enrolled in Medicare
If you are over 65 and are NOT enrolled in Medicare A, B, C or D or any other Medicare benefit, you can contribute to an HSA if you have a qualifying high deductible health plan.