HSA Eligibility Requirements 2 — Questions and Answers
Question 1: For 2025, what is the maximum out-of-pocket limit for a family High Deductible Health Plan (HDHP)?
- $16,600 (Correct answer)
- $12,000
- $14,200
- $18,500
Correct answer: $16,600
For 2025, the IRS set the maximum out-of-pocket limit for a family HDHP at $16,600, which includes deductibles, copayments, and coinsurance.
Question 2: Which of the following individuals is eligible to open and contribute to an HSA?
- A 45-year-old enrolled in a qualifying HDHP with no other disqualifying coverage (Correct answer)
- A 66-year-old enrolled in Medicare Part B and an HDHP
- A 30-year-old covered as a dependent under a parent's general FSA
- A 55-year-old covered under a non-HDHP employer health plan
Correct answer: A 45-year-old enrolled in a qualifying HDHP with no other disqualifying coverage
A 45-year-old enrolled in a qualifying HDHP without other disqualifying coverage meets all IRS eligibility criteria to contribute to an HSA.
Question 3: What is the catch-up contribution amount that HSA-eligible individuals aged 55 or older may contribute annually in addition to the standard limit?
- $1,000 (Correct answer)
- $500
- $2,000
- $1,500
Correct answer: $1,000
Individuals who are 55 or older and otherwise HSA-eligible may contribute an additional $1,000 per year as a catch-up contribution.
Question 4: An individual receives VA health benefits for a non-service-connected condition. How does this affect their HSA eligibility?
- It may disqualify them from HSA contributions for the months VA benefits were received (Correct answer)
- It has no effect on HSA eligibility as long as they are enrolled in an HDHP
- It allows them to contribute at a reduced HSA rate
- It disqualifies them permanently from ever opening an HSA
Correct answer: It may disqualify them from HSA contributions for the months VA benefits were received
Receiving VA medical benefits for non-service-connected conditions within the last three months is generally considered non-HDHP coverage, disqualifying the individual from HSA contributions for those months.
Question 5: Which of the following is considered a 'permitted benefit' under IRS rules and does NOT disqualify an individual from HSA eligibility?
- Workers' compensation insurance (Correct answer)
- A general-purpose health reimbursement arrangement (HRA)
- A spouse's PPO plan that covers the employee
- Medicaid coverage
Correct answer: Workers' compensation insurance
Workers' compensation insurance is specifically listed as permitted insurance by the IRS and does not disqualify an individual from contributing to an HSA.
Question 6: A limited-purpose Flexible Spending Account (LPFSA) that covers only dental and vision expenses is considered:
- Compatible with HSA eligibility (Correct answer)
- Disqualifying because it is a type of FSA
- Allowed only if the HDHP deductible has been met
- Disqualifying because it provides first-dollar benefits
Correct answer: Compatible with HSA eligibility
A limited-purpose FSA restricted to dental and vision expenses is compatible with HSA eligibility because it does not cover general medical expenses.
Question 7: If both spouses are HSA-eligible and enrolled in a family HDHP together, how is the HSA contribution limit applied?
- They share one family contribution limit, which they can split between their HSAs (Correct answer)
- Each spouse may contribute up to the full family limit independently
- Each spouse is limited to the self-only contribution limit
- Only the primary insured spouse may contribute to an HSA
Correct answer: They share one family contribution limit, which they can split between their HSAs
When both spouses are HSA-eligible under a family HDHP, they share a single family contribution limit that they can allocate between their individual HSAs in any proportion.
HSA Eligibility Requirements 2
For 2025, what is the maximum out-of-pocket limit for a family High Deductible Health Plan (HDHP)?