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However, you can continue to use your HSA for qualified medical expenses and for other expenses for as long as you have funds in your HSA. Loss of Eligibility in Month You Turn 65. You lose eligibility as of the first day of the month you turn 65 and enroll in Medicare. Example.
Each year you can contribute dollars tax-free to your HSA up to a certain limit. The annual contribution limit for your HSA is $3,350 for an individual and $6,650 for a family. HSA holders 55 and older can contribute an extra $1,000 tax deductible dollars to their HSA, $4,350 for an individual and $7,650 for a family.