HEALTH SAVINGS ACCOUNT (HSA)
Mother will make an employer contribution (employees will need to adjust their contribution
Your money can earn interest and you may choose from investment options
Contributions from payroll to the HSA are voluntary and made pre-tax
An individually owned bank account (you own it)
by IRS limits accordingly)
A Health Savings Account (HSA) allows you to reduce your taxable income and save for eligible healthcare expenses
IRS limits the total amount you can deposit annually $4,150 for employee- only coverage • $8,300 for those covering dependents on the HDHP
Unused funds roll over from year to year, no “use -it-or-lose- it”
Employer HSA Contribution
Monthly**
Coverage Tier Employee Only
$13 $21
Employee + Spouse / Domestic Partner
Employee + Child(ren)
$23 $32
Family
HSA contributions by Mother will be made on semi-monthly basis
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MOTHER BENEFITS GUIDE
HSA I
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