Hsa Contribution Limits 2024 Medicare Advantage Plans

Hsa Contribution Limits 2024 Medicare Advantage Plans. However, if you save to an hsa while you’re enrolled in medicare, you may be hit with irs penalties on what are considered “excess contributions,” including a 6% excise tax charge. How to use hsa for medicare premiums and other expenses.

You can use your hsa to pay certain medicare expenses, including premiums for part a, part b, part c (medicare advantage), and part d prescription drug coverage, but not. The hsa contribution limits for 2024 are $4,150 for individuals and $8,300 for families.