HSA Eligibility Requirements 2

Question 1

For 2025, what is the maximum out-of-pocket limit for a family High Deductible Health Plan (HDHP)?

Accepted Answer

$16,600

Answer

$12,000

Answer

$14,200

Answer

$18,500

Question 2

Which of the following individuals is eligible to open and contribute to an HSA?

Accepted Answer

A 45-year-old enrolled in a qualifying HDHP with no other disqualifying coverage

Answer

A 66-year-old enrolled in Medicare Part B and an HDHP

Answer

A 30-year-old covered as a dependent under a parent's general FSA

Answer

A 55-year-old covered under a non-HDHP employer health plan

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?

Accepted Answer

$1,000

Answer

$500

Answer

$2,000

Answer

$1,500

Question 4

An individual receives VA health benefits for a non-service-connected condition. How does this affect their HSA eligibility?

Accepted Answer

It may disqualify them from HSA contributions for the months VA benefits were received

Answer

It has no effect on HSA eligibility as long as they are enrolled in an HDHP

Answer

It allows them to contribute at a reduced HSA rate

Answer

It disqualifies them permanently from ever opening an HSA

Question 5

Which of the following is considered a 'permitted benefit' under IRS rules and does NOT disqualify an individual from HSA eligibility?

Accepted Answer

Workers' compensation insurance

Answer

A general-purpose health reimbursement arrangement (HRA)

Answer

A spouse's PPO plan that covers the employee

Answer

Medicaid coverage

Question 6

A limited-purpose Flexible Spending Account (LPFSA) that covers only dental and vision expenses is considered:

Accepted Answer

Compatible with HSA eligibility

Answer

Disqualifying because it is a type of FSA

Answer

Allowed only if the HDHP deductible has been met

Answer

Disqualifying because it provides first-dollar benefits

Question 7

If both spouses are HSA-eligible and enrolled in a family HDHP together, how is the HSA contribution limit applied?

Accepted Answer

They share one family contribution limit, which they can split between their HSAs

Answer

Each spouse may contribute up to the full family limit independently

Answer

Each spouse is limited to the self-only contribution limit

Answer

Only the primary insured spouse may contribute to an HSA