Let's clarify your question.
You're right: you can't contribute to your HSA when you have Medicare Part A.
You're going to be retiring in December 2027. Let's say you'd like to start Medicare Part A, B, and D effective January 2028. If so, let's say you apply for Parts A and B on December 2, 2027. It means that Part B will start the following month: January 1, 2028. But it also means that your Part A will be retroactive 6 months: June 2, 2027. You'd be permitted to make your HSA contributions for six months: January, February, March, April, May, and June.
Where does January 1, 2027 fit in? Do you want to start your Part A alone on January 1, 2027? If you do, you'd apply on July 1, 2027. You would have no HSA contributions for 2027.
You're right: you can't contribute to your HSA when you have Medicare Part A.
You're going to be retiring in December 2027. Let's say you'd like to start Medicare Part A, B, and D effective January 2028. If so, let's say you apply for Parts A and B on December 2, 2027. It means that Part B will start the following month: January 1, 2028. But it also means that your Part A will be retroactive 6 months: June 2, 2027. You'd be permitted to make your HSA contributions for six months: January, February, March, April, May, and June.
Where does January 1, 2027 fit in? Do you want to start your Part A alone on January 1, 2027? If you do, you'd apply on July 1, 2027. You would have no HSA contributions for 2027.
Statistics: Posted by Artsdoctor — Thu Dec 19, 2024 12:46 pm — Replies 1 — Views 47