Fact Based List:

Jean Folger: 4 Guidelines To Open And Contribute To An HSA

  1. If you are covered under a HDHP on the first day of the month
  2. If you aren't covered by any other non-HDHP plan (with some exceptions for certain plans with limited coverage, such as dental, vision and disability)
  3. If you aren't enrolled in Medicare
  4. If you aren't claimed as a dependent on someone else's tax return

Source: Investopedia
Source URL: http://www.investopedia.com/articles/personal-finance/090814...