Jada (age 53) and Will (age 60) are married, and both are self-employed. In 2022, they participate in a health insurance plan with a $3,000 annual deductible and out-of-pocket maximum of $9,000.

a. Does the annual deductible exceed the requirement to be classified as a high deductible insurance plan?

b. The maximum out-of-pocket expense to qualify as a high deductible plan is no more than $_______.

c. Are they eligible to contribute to a health savings account (HSA)?

d. Taxpayers older than age ____ can contribute an extra $_______ per year to their HSA.

e. A single taxpayer can contribute up to _________ per year to their HSA.

f. Married filing jointly taxpayers can contribute up to _________ per year to their HSA.

g. What is the maximum HSA contribution and deduction for Will and Jada?