There is still time to put money into your H.S.A. account for 2021

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If you and/or your family are covered by a health insurance plan that meets the IRS requirements of an H.S.A., there is still time to put up to $3,600 single; $7,200 family into that account and deduct the amount of the contribution from your 2021 taxes. 

The IRS allows you to make contributions up to the income tax filing deadline – which is Monday, April 18, 2022.  Remember too, that interest earned on your qualified H.S.A. account is not taxable as long as your withdrawals are for reimbursement of your health insurance plan deductible or eligible health plan expenses.

This is a great way to save money on taxes now and save for payment of future health care needs!