Page 34 - Empowered Learning for Dyslexic Children Benefits Guide 2022-2023

Q: I am married and covered by a family HDHP
with an HSA. My spouse is enrolled in Medicare,
but also covered under the family HDHP. Can I
still contribute to the HSA?
A. Yes. HSA contribution eligibility is determined
by your status as the HSA account holder, not the
account holder’s dependents. Your spouse on
Medicare does not disqualify you from making
contributions to your HSA, even though your
spouse is also covered by the HDHP.
Q: I am enrolled in Medicare and have money
remaining in my HSA. What happens to
these funds?
A: You can continue to use HSA funds on a tax-free
basis for eligible medical expenses for yourself
and your tax dependents. If you (the account
holder) are over the age of 65 and the money is
withdrawn for non-medical expenses, it is subject
to income tax.

Further is an independent company that provides administrative services for CareFirst BlueCross BlueShield consumer-directed health care plans and incentive cards. Further does not sell
BlueCross or BlueShield products.
CareFirst BlueCross BlueShield is the shared business name of CareFirst of Maryland, Inc. and Group Hospitalization and Medical Services, Inc. CareFirst of Maryland, Inc.,
Group Hospitalization and Medical Services, Inc., and CareFirst BlueChoice, Inc. are independent licensees of the Blue Cross and Blue Shield Association. The Blue Cross® and Blue Shield®
and the Cross and Shield Symbols are registered service marks of the Blue Cross and Blue Shield Association, an association of independent Blue Cross and Blue Shield Plans.
CST4272-1E (10/21)