< return to calculators

Health Savings Account Contribution Calculator

The Health Savings Account Contribution Calculator shows you the maximum you are allowed to contribute to a health savings account.*

  • Use the radio buttons, drop-downs, sliders and check boxes to enter data.
  • Enter ballpark values by clicking on and dragging the sliders left or right. Enter exact numbers by clicking on the number in the box and type your number (no commas).
  • The results of your calculations show in the text box and in the graph.

Help

Type Of Plan
Select whether your health plan is for yourself or your family.
Age 55 To 65
Check this if you (or your spouse) is between the the ages of 55 and 65.
Enrolled In Medicare
Check this if you (or your spouse) is enrolled in Medicare.
Tax Bracket
Enter your combined Federal and State tax rate.
Results
You see the allowable amount to contribute to a Health Savings Account if any, a possbile catch-up amount, and potential tax savings based on your tax bracket.
Graph
The interactive graph shows your allowable contribution, potential tax savings, and your effective cost. Pass your cursor over the graph bars to get a value readout.

*Calculators provided are estimation tools and do not necessarily reflect products, terms or rates that Home Federal Bank may offer. Please contact your Home Federal banker to verify results.

Community. Driven. Banking.
800-244-2149 | www.homefederal.com
Member FDIC | Equal Housing Lender | A subsidiary of HF Financial Corp | NASDAQ: HFFC