While most people contribute to their HSA throughout the year via regular pre-tax paycheck deductions – did you know that you could actually just fund your HSA directly from your bank account?  Since funding your HSA are funds that are already taxed – you would report your funding when filing your taxes to get credit from the IRS, similar to IRA contributions. You disclose the amount you funded and that amount will be deducted from your taxable income for the year by your tax filer.

How to fund your HSA:

• Log on to Fidelity’s website
• Select “Health Savings Accounts” from the left hand side
• Select “Make a Contribution” from the “I Want To…” menu
• Select “Other Ways to Contribute”
• From there you can select the way that is most convenient to you to transfer assets.