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Kevin
I have I know what some of you are going to think is a crazy question but I really don’t know.
My employer offers a few different insurance plans, one of them being an HSA plan, another is a traditional HMO, and another one that is fully employer paid.
I switched to the employer paid plan and still show a couple hundred bucks in my Empower HSA account.
My question is am I allowed to add to that account even though I switched to a traditional employer paid plan.
I don’t even know if I should but mostly curious if that is an option since I don’t have an HSA medical plan.
Danielno, you need to be on an eligible high deductible plan to contribute to the HSA
EricI believe you’re allowed to contribute an annual amount equal to the maximum HSA contribution times the number of months covered under an HSA plan divided by twelve.
I had to determine a similar situation when moving from family HSA coverage to individual coverage last year.
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