HSAs & Spouses on Medicare
By McGriff Insurance Services Q: We have an employee that presently covers his family under a High Deductible Health Plan (HDHP) and is making the maximum family level contribution into an HSA. The employee’s spouse will turn 65 next July and will then be covered under Medicare Part How does the spouse’s Medicare enrollment affect our employee’s HSA eligibility and maximum contribution levels? A: We know that in order to be eligible to make or have tax-favored contributions made on his...
