Tax tip: 2025 HSA deadline

Summary

CNBC's Sharon Epperson explains a 2025 tax tip: people enrolled in a high-deductible health plan can contribute up to $4,300 for an individual plan, and more for a family plan, to a health savings account by April 15. The contribution is tax-deductible, and HSA funds can be used for medical expenses tax-free, potentially lowering the 2025 tax bill. The segment is personal-finance guidance rather than an investment recommendation.

• Video focuses on the HSA contribution deadline.
• Deadline is April 15.
• Eligibility is tied to enrollment in a high-deductible health plan.
• Individual contribution limit cited as $4,300; family limit is higher.
• HSA contributions are described as tax-deductible.
• HSA funds can pay for medical expenses tax-free.
• The stated goal is reducing the 2025 tax bill.
• No specific securities or market trades are discussed.