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This Web site contains a compilation of more than a thousand consumer finance  columns written by Tony Novak from the 1980s through 2006, updated and reformatted for maximum usefulness today.  New material was added after 2010.

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Joint health savings account?

originally posted: 11/22/2006  reposted: 2/18/2011 This post has not been recently reviewed or revised by the author and may be out of date. If you notice an error or are in doubt, please send a new question by email or ask for an update. Email

Q: What if you have a married couple and each have their own HSA plan, can they have a joint HSA account? If they can, what would the contribution limits be?

A: Health Savings Accounts are always individually owned. The maximum contribution limit is determined by the type of insurance policy that covers the owner. The owner of an individual coverage policy has a $2,850 contribution limit for 2007 and the owner of a policy that covers one or more other people (family coverage) is entitled to a $5,650 contribution this year. In the rare case where both spouses have family-type HSA-qualified insurance (for example, a family of two parents and two children where each policy covers one adult and one child), then the maximum contribution is still $5,650 but it may be split between accounts owned by each of the individuals in any manner that they choose.


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