Tacodeli
Health Savings Account (HSA) Benefits for 2025
For 2025 Tacodeli is offering a Health Savings Account (HSA). This is how an HSA works:
By enrolling in the HDHP medical plan, you could be eligible to save money on a pre-tax basis by contributing to a Health Savings account through Wex to pay for future medical expenses.
2025 IRS Maximum Contribution Limits for HSA
Employee Only Enrollment
$4,300
Family Enrollment
$8,550
Employees age 55 and up
$1,000 additional contribution
Why is it a good idea to have an HSA? HSAs benefit everyone who is eligible to have this account – single individuals, families, and soon-to-be retirees. You save money on taxes in three ways: • Tax-free deposits – The money you contribute to your HSA isn’t taxed (up to the IRS annual limit). • Tax-free earnings – Your interest and any investment earnings grow tax-free. • Tax-free withdrawals – The money used toward eligible health care expenses isn’t taxed – now or in the future. • Setting aside pre-tax dollars into your HSA means you pay fewer taxes and increase your take-home pay by your tax savings. You save money on eligible expenses that you are paying for out of your pocket. The amount you save depends on your tax bracket. For example, if you are in the 30 percent tax bracket, you can save $30 on every $100 spent on eligible health care expenses. HSA funds roll over from year to year and accumulate in your account. There is no “use -it-or-lose- it” rule with HSAs, and you decide how and when to use your HSA funds, which can be used for eligible expenses you have now, in the future, or during retirement. And when you have a certain balance in your HSA, investment opportunities are available.
Refer to your HSA documentation for more information.
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This booklet provides only a summary of your benefits. All services described within are subject to the definitions, limitations, and exclusions set forth in each insurance carrier or provider’s contract.
2025 Employee Benefit Guide
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