Benny (56) and June (53) are married filing jointly. June's health insurance through work covers both of them, with a $3,500 annual deductible. June has a health savings account (HSA). They had no other insurance. What is the maximum contribution amount (including catch-up contributions) to their HSA account for 2023?
Benny (56) and June (53) are married filing jointly. June's health insurance through work covers both of them, with a $3,500 annual deductible. June has a health savings account (HSA). They had no other insurance. What is the maximum contribution amount (including catch-up contributions) to their HSA account for 2023?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Benny (56) and June (53) are married filing jointly. June's health insurance through work covers both of
them, with a $3,500 annual deductible. June has a health savings account (HSA). They had no other
insurance. What is the maximum contribution amount (including catch-up contributions) to their HSA
account for 2023?
$4,850
$7,750
$8,750
$9,750
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