BillF

Hi Brian, I am 56 and switched our family’s health insurance plan to a HDHP with a HSA for 2025. The plan year is the calendar year. My wife has a general purpose FSA which ends in June 2025. My understanding is that I am ineligible for six months, so I assume my max HSA contribution is 8550 plus the 1000 catch up contribution divided by two, which is 4775. In addition, I can only make reimbursements for qualified medical expenses from the HSA that occur on or after July 1, 2025. Am I able to contribute to the HSA throughout the entire calendar year in 2025 as long as my and my employer’s contributions are under 4775? Are there any other items I need to be concerned about? What happens if my wife’s FSA balance is not zero on June 30th and has a grace period to used the additional funds? Thank you.