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For questions that relate to health savings accounts in the USA and health spending accounts in Canada, and any similar accounts in other jurisdictions. Must include an appropriate country tag.

5 votes
1 answer
7k views

What is the penalty for having an HSA and Medicare?

If I open a HSA my employer will contribute $1000 yearly, but I am not supposed to contribute to an HSA because I have Medicare Part A. … Is it possible to simply receive funds in my HSA even though I am not eligible, and then transfer them to his HSA to avoid any penalties? Thanks. …
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