IRAs for a taxable year can be opened and funded any time between the first day of a tax year and the date a tax return is due for that year, excluding extensions. For most taxpayers, this due date is April 15 of the following year.

There is no minimum contribution. However, the IRS dictates that the total dollars contributed to an HSA cannot exceed $2,900 for a single individual and $5,800 for an employee with two person or family coverage. These amounts include Lubrizol’s company contribution. The maximum amount you can contribute to your HSA (not including special catch-up contributions) depends upon the coverage level you elect. See similar questions...

Contributions for the past year must be made no later than 60 days past the end of the year. This usually works out to be the last day in February. However if you turn 69 in that year you will have to make your contribution before the end of the previous year. See similar questions...

A Health Savings Account (HSA) is an investment account from which you can draw money tax-free for medical care. HSAs are owned by the individual and grow through investments, similar to an IRA. HSAs have favorable tax treatment for contributions, distributions and earnings. They are available to individuals covered by a high deductible health plan (HDHP) and can be established to pay for family medical expenses. See similar questions...

Contributions for 2004 and forward can be made anytime during the year up through the tax-filing deadline for that year, not including extensions. Generally, this means contributions can still be made up through April 15th for the prior tax year. See similar questions...

You have until March 1 (or February 29 in a leap year) to contribute to your RSP. Once this date has passed, RSP contributions are only deductible against your taxable income for the next (or any subsequent) year. (Please note: when March 1 or February 29 falls on a weekend, the deadline may be extended to the following Monday.) See similar questions...

Previously, the maximum HSA contribution was the lesser of the deductible of the individual's HSA-eligible plan or a statutory maximum. As of January 1, 2007, the maximum allowable contribution is the statutory maximum contribution, regardless of the individual's deductible. Therefore, for 2007, the maximum contribution for an eligible individual with self-only coverage is $2,850 and the maximum contribution for an eligible individual with family coverage is $5,650. See similar questions...

Generally, Lubrizol’s HSA contribution is deposited within 5 business days of the first biweekly pay date of the new year. In 2008, that day will be January 18. Coordination of HSA funding involves: ADP, Aetna and Lubrizol. ADP is responsible for identifying employer contributions and taking employee deductions. After each pay, ADP passes this information to Aetna, who requests funding from Lubrizol. See similar questions...

The plan must be established and the contributions completed by the employer's tax-filing due date, usually by April 15 following the tax year for which the deduction is taken. See similar questions...

There is no deadline. The committee solicits and evaluates applications from those who qualify once a month. Yes. Each application for a grant requires a separate proposal, and each application for a seed investment requires a unique business plan. See similar questions...

Contributions for the taxable year can be made in one or more payments, at any time prior to the time for filing the eligible individual’s federal income tax return for that year (without extensions). This is generally April 15. Although the annual contribution is determined monthly, the maximum contribution may be made on the first day of the year. A married couple can make two catch-up contributions, as long as both spouses are at least age 55. See similar questions...

Previously, the HSA contribution was pro rated based on the number of months during the year that an individual was eligible for the HSA. Effective January 1, 2007, new provisions provide an exception that will allow individuals who become covered under an HSA-eligible plan in a month other than January to make the maximum HSA contribution for the year based on their coverage in the last month of the year. This eliminates a common barrier to switching HSA-eligible coverage. See similar questions...

Contributions made by an eligible individual to an HSA are deductible by the eligible individual in determining adjusted gross income (i.e., “above-the-line”). The contributions are deductible whether or not the eligible individual itemizes their deductions. However, the individual cannot also deduct the contributions as medical expense deductions under section 213. See similar questions...

It is the responsibility of the account holder to determine if contributions have exceeded the maximum allowable amount. It is also the responsibility of the account holder to request the distributions of those funds, and the payment of income tax on those funds and the a pro-rata share of the earnings, and the payment of the 10% penalty tax. See similar questions...

The IRS imposes a penalty on excess contributions, but allows, under certain circumstances, for corrective distributions to be made. Additionally, you may be required to pay tax on the interest earned on those excess funds. See similar questions...

Your eligibility to contribute to an HSA is NOT determined by the effective date of your HDHP coverage. Your annual contribution does depend on having your HDHP coverage during the year you contribute to your HSA. Medical expenses incurred before you start your HDHP cannot be covered with your HSA funds. See similar questions...

Applications must be postmarked by the deadline date or hand-delivered to the Division office no later than 4:30 p.m. on the deadline date. Late or incomplete applications or applications submitted via fax or e-mail will not be accepted. Artist Residency grants are available six times during the year. Applications must be received in the Division office no later than 4:30 p.m. on the following dates: Opportunity Grants are available to artists and organizations six times during the year. See similar questions...

Contributions for any taxable year can be made in one or more payments, at any time prior to the deadline, without extensions, for filing your federal income tax return for that year, but not before the beginning of that year. For calendar year taxpayers, this deadline for contributions is generally April 15 following the year for which the contributions are made. See similar questions...

John Deere has announced that the company contribution will be contributed to your HSA quarterly, with one-fourth contributed in the first pay period of January, February, May, and August. It is anticipated that this will be the contribution method for future company contributions. See similar questions...