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Addison and Alex are both 47 years old and have three children, Aspen, August, and Avery. Addison works for AAA, while Alex works for Audi.
Addison and Alex are both 47 years old and have three children, Aspen, August, and Avery. Addison works for AAA, while Alex works for Audi. Both have HSA options and choose the option for health insurance. Addison and the three children are covered under the AAA HSA, while Alex is covered under the Audi HSA policy. What is the most that they can contribute to the two HSA accounts for 2021?
$7,200.
$10,800.
$14,400.
The contribution is limited to 50% of employee compensation.
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