Hello All,
I have a quick question regarding HSAs. My group currently has a HDHP/HSA plan. I dont recall who is the HSA provider. I opened my own HSA with HSA bank. I also funded the account to the maximum using my own funds ( I did not have these funds taken directly out of my paycheck).
Is it OK to have opened my own HSA account with HSA bank, even if it is not the group's designated HSA provider?
Is it OK that I funded the account with my own after-tax dollars? Can I reclaim the tax break when I file my 2016 taxes? I realize I will not receive the FICA tax benefits.
As always, thanks for your input.
I have a quick question regarding HSAs. My group currently has a HDHP/HSA plan. I dont recall who is the HSA provider. I opened my own HSA with HSA bank. I also funded the account to the maximum using my own funds ( I did not have these funds taken directly out of my paycheck).
Is it OK to have opened my own HSA account with HSA bank, even if it is not the group's designated HSA provider?
Is it OK that I funded the account with my own after-tax dollars? Can I reclaim the tax break when I file my 2016 taxes? I realize I will not receive the FICA tax benefits.
As always, thanks for your input.
Comment