DȅɖǘȪfɜD<ȽǻƱƷƱ ߏ DȅɖfȽƫǓ ƎǻI ȅǻȴȣǘƪȽȴƷ ܦ
By You
By MAA
MAA will make a contribution to your HSA upon enrollment and every January 1 thereafter equal to $250 for single coverage (Employee Only) and $500 for family coverage (Employee + Spouse, Employee + Child(ren), Employee + Family). MAA will make a contributions (up to $500 each) to your HSA throughout the year when you and your covered spouse (if applicable) complete various wellness-related activities through the Motivate Me Wellness Incentive Program. See page 19 for more information.
You can fund your HSA every pay period with pre-tax payroll contributions. You may change your contribution any time during the year in Workday. You can fund your HSA at any time by making a deposit with after-tax dollars.
The sum of contributions made by you and MAA cannot exceed the federal limit, as indicated in the table below.
IRS Annual Contribution Limits for HSAs
2020
2021
Single Coverage (Employee Only)
$3,550
$3,600
Family Coverage (Employee + Spouse, Employee + Child(ren), Employee + Family)
$7,100
$7,200
Additional Catch-Up Contribution (Age 55+)
$1,000
$1,000
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