HSA Scenario 2 Ed and Christine Martinez return Interview No

HSA Scenario 2: Ed and Christine Martinez return. Interview Notes Ed is 47 years old, and Christine is 56 years old were enrolled in self-only coverage High Deductible Health Pa S (HDH through their employers for the entire year of 2017, Ed and Christine each have an HSA. Both have contrbuted the maximum amounts to their HSAs in 2017 Ed and Christine are both U.S. citizens and have valid Social S Ps HSA Scenario 2: Retest Questions Ed and Christine can have a joint HSA. a. True b. False 4. 5. Because Christine is age 55 or older, she is eligible to increase her HSA contribution bys-

Solution

4 Answer is False As married couples cant have joint HSA even if they have separate HSA or are covered with same HDHP but they can have benefit as they can use distributions to cover qualified expenses of the other spouse 5 Because Christine is age 55 or older she is eligible to increase her HSA contribution by $1000 a year. This is catch up contribution allowed for an HSA