Health savings account (HSA) contributions

It's simple to contribute to your HSA to cover qualified medical expenses in the near term and in retirement.

Open an HSA

How to contribute to your HSA

There's no minimum to open a Fidelity HSA, and your contributions are tax-deductible. There are several ways to contribute to your Fidelity HSA:

Contribute cash

Link a bank account for one-time or recurring deposits, transfer funds from another Fidelity account, deposit a check, or set up direct deposit from your payrollLog In Required.

HSA deposit options

Transfer HSAs

Transfer some or all of your balance from another HSA or HSAs, as often as you like, to consolidate your accounts.

HSA consolidation

One-time IRA contribution

Move money from your IRA to your HSA once in your lifetime for a federal income tax deduction.

IRA contribution

Annual HSA contribution limits

The IRS defines HSA contribution limits each year.

2024 2025
Individual health plan $4,150 $4,300
Family health plan $8,300 $8,550
Age 55 or older Additional $1,000 Additional $1,000

Please note: If you're married and covered by a family health plan, you and your spouse can both contribute to your HSA. If you do, all of your contributions will count toward the yearly contribution limit for family health plans. Any employer contributions will count toward these limits.

HSA owners can make catch-up contributions anytime during the year in which they turn 55. A spouse who is 55 or older is also eligible for a catch-up contribution into their own HSA.

See IRS Publication 969 (PDF) for more on annual HSA contribution limits.

Frequently asked questions

  • Is there a minimum I must contribute to my HSA each year?

    There is no minimum for annual contributions to your Fidelity HSA.

  • How much should I save to an HSA?
    To give yourself an idea of the right amount to save, try our health savings account calculator
  • Who can contribute to my HSA?

    Anyone can make an after-tax contribution to your Fidelity HSA. Generally, contributions another person makes to your HSA will not be tax-deductible for the contributor, and the IRS's annual contribution limits will still apply. See IRS Publication 969 for more on annual HSA contribution limits.

  • Can my employer contribute to my HSA that is not offered through them?

    Check with your employer about their HSA contribution policies and capabilities. You can also make after-tax contributions from your paycheck—those contributions are federal income tax-deductible.

  • My spouse is 55 years or older. How can we take full advantage of HSA catch-up contributions?

    Only the HSA owner can make a catch-up contribution, so if your spouse is eligible to make a catch-up contribution and you’re not, your spouse will need to open their own HSA to make a catch-up contribution. If both you and your spouse are 55 years or older during the tax-year, you can both make a catch-up contribution to the HSAs you each own.

  • What happens if I contribute more than the IRS's annual limits to my HSA?

    If you contributed above the IRS's annual limits unintendedly, submit a Fidelity Return of Excess ContributionLog In Required request in accordance with the applicable instructions. If you take no action until you file taxes, you’ll be responsible for paying taxes on and may be penalized for the amount you contributed above the IRS’s annual contribution limits.

  • Where can I find my Fidelity HSA account number to make contributions to my Fidelity HSA?

    Your account number can be found on your Account Summary page when you log into The Fidelity routing number is 101205681. These account and routing numbers can only be used for depositing money in your HSA, not for spending your HSA money. For further information and instructions, see our resource on determining your routing and account numbersLog In Required.

  • How can I make a one-time IRA contribution to my HSA?

    You can make a once-in-a-lifetime4 contribution to your HSA from your IRA. This is sometimes called a "qualified HSA funding distribution from an IRA or a rollover from an IRA." These contributions are not subject to federal income taxes or the 10% penalty for early withdrawals. If you choose to do a one-time IRA contribution, you can effectively use your IRA money to pay for medical expenses, such as a major unexpected expense, without having to pay federal income taxes or penalties on it, as you would if you took an early IRA distribution to pay for that expense. However, contributions from an IRA will count toward the IRS's annual limits on HSA contributions—unlike a rollover between two HSAs—and those IRA contributions are not tax deductible.

    • Fidelity IRA to Fidelity HSA transfers: Contact a Fidelity HSA representative to initiate a transfer of your Fidelity IRA to your Fidelity HSA.
    • External (non-Fidelity) IRA to Fidelity HSA transfers: Request a one-time distribution from your non-Fidelity IRA and have your IRA custodian send a check made payable to Fidelity Management Trust Company (or FMTC), FBO [your name]. Also include a deposit slip or letter of instruction with the check. Include the account number and the contribution tax year in the check memo field when you mail the check to Fidelity. Learn how to deposit a check by mail. If your IRA custodian needs other instructions, please call 866-402-7610 to speak to a Fidelity HSA representative.

Already have a Fidelity HSA?

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Opened by me

Sign inLog In Required to to access your HSA account details.

Opened through my employer

Sign inLog In Required to NetBenefits® to access/activate your employer-offered HSA.

Always know where your HSA stands

Download the Fidelity Health® App to easily access and manage your HSA activity.