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Last Chance to Fund Your 2014 HSA & IRA

Amy Carkoski,

April 08, 2015

Retiring Your Way


If you haven’t maxed out your contributions to your HSAs and/or IRAs for 2014, there is still time to top them off! We’ll help you make sure you’re taking full advantage of these accounts.

Health Savings Accounts (HSA)

You can fund your Health Savings Account for 2014 by April 15, 2015. Simply stop in to any Union Bank branch location and indicate you are making a “prior year” contribution. For 2015, there is a slight increase in the contribution limits for Individuals and Families.

Contribution & Out-of Pocket Limits for HSAs
  2014 2015
Individual $3,300 $3,350
Family $6,550 $6,650
Catch-up $1,000 $1,000

Individual Retirement Accounts (IRA)

You have until April 15, 2015 to fund your IRA or Roth IRA for 2014.

Stop by our Union Bank branch at 6811 S. 27th Street (27th & Pine Lake Road) in Lincoln and we can assist you. The contribution limits for IRAs remain unchanged for 2015.

Contribution Limits for IRAs
  2014 2015
Individual $5,500 $5,500
Catch-up $1,000 $1,000
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This blog article is for informational purposes only, and is not an advertisement for a product or service. The accuracy and completeness is not guaranteed and does not constitute legal or tax advice. Please consult with your own tax, legal, and financial advisors.