IRA Question

Submitted by Larisa Kutac on Tue, 2022-01-04 19:38

Have a client that is retired (no future earned income) but has a deferred comp plan that will be paying him for the next 3-4 years. Can he contribute to an HSA with those funds? I assume if so, he would need to be enrolled in a High Deductible Health Plan. If he can’t with those funds, does he have other options to fund?



Submitted by Alan - IRA critic on Tue, 2022-01-04 20:08

Any available funds can be used for HSA contributions. There is no earned income requirement, but of course client needs to carry the required HDHP coverage.

Add new comment

Log in or register to post comments