one-time IRA to HSA

If your employer doesn't contribute to the max and you have upcoming medical expenses, that allows some IRA money to be never taxed instead of taxed at retirement.

Is there a limit on how much? Or does the rollover amount count towards your annual $5650 maximum contribution?

I have one IRA worth about $4000 that's just sitting in an annuity, paying 4.5%. I haven't rolled it into my HSA yet because I didn't want to use up my one-time. (Hoping to roll over many thousands from another IRA when I'm ready to retire, or when the rollover law expires.)

Bob

This conversion is limited to the amount you could fund the HSA in the year you take advantage of it. For 2007, that is $2850 (+$800 "catch-up" if applicable). Since you can deduct this contribution "above the line" if made from ordinary income, there is not really all that much going for it, in most cases -- it mostly helps if you can't fund the HSA any other way.