Adrian

Thanks, Brian. We have a couple more questions. My wife is on an individual HDHP. Her max on the HSA is $5150 since she is over 55. I was not on her plan after I started my own plan. So my understanding is we need to return the excess of contributions from March to the time we stopped. Or do we need to take $5150 and divide that by 12 which is $425 and times that by 2 which is $850 is all she can have? The employer put $1500 in her HSA in January. Do we need to figure out the interest made with her contributions? She has more money in her HSA from previous years.

I was on my wife’s HDHP with an HSA in January 2024 when I started a new job January 3rd 2024. My benefits started February 3rd 2024. I started a FSA with my benefits thinking since we had our own health plans that it was okay. I was wrong. I know my wife will need to return of excess since she has been contributing to the HSA. I need to know if she needs to return the money that her employer put in and her contributions in January 2024 since my benefits didn’t start till February.