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user19035
user19035

As far as taxes go:

If you contribute to the HSA account through your employer pre-tax, that amount is not subject to the Social Security (6.2%) and the Medicare (1.45%) tax.

If you contribute that amount post-tax, you can only deduct it from your income tax at the end of the year, but the Social Security and Medicare taxes have already been paid and there's no mechanism to claim deductions on those.

As far as taxes go:

If you contribute to the HSA account through your employer pre-tax, that amount is not subject to the Social Security (6.2%) and the Medicare (1.45%) tax.

If you contribute that amount post-tax, you can only deduct it from your income tax at the end of the year, but the Social Security and Medicare taxes have already been paid and there's no mechanism to claim deductions on those.

As far as taxes go:

If you contribute to the HSA account through your employer pre-tax, that amount is not subject to the Social Security (6.2%) and the Medicare (1.45%) tax.

If you contribute that amount post-tax, you can deduct it from your income tax at the end of the year, but the Social Security and Medicare taxes have already been paid and there's no mechanism to claim deductions on those.

Source Link
user19035
user19035

As far as taxes go:

If you contribute to the HSA account through your employer pre-tax, that amount is not subject to the Social Security (6.2%) and the Medicare (1.45%) tax.

If you contribute that amount post-tax, you can only deduct it from your income tax at the end of the year, but the Social Security and Medicare taxes have already been paid and there's no mechanism to claim deductions on those.