Can I Have More Than One HSA?
Yes, you can have more than one Health Savings Account (HSA). However, it’s important to note that your total contributions across all HSAs cannot exceed the annual contribution limit set by the IRS. If you have multiple accounts, you should keep track of your contributions to ensure you stay within the allowable limit. Managing multiple HSAs can offer flexibility in your healthcare savings strategy, but be mindful of the overall contribution restrictions to avoid any tax penalties.
