With an HSA, you can save for today and tomorrow
HSA benefits aren't only measured in financial gain, but also in the unique ability to create flexibility in a stringent healthcare market. Here are the main benefits for you:
Save more for your health
Contributions to an HSA are tax deductible. Paying with these funds means you'll pay less for health expenses.
Health safety net
Rollover your HSA funds from year to year. Unlike an FSA, there's no "use it or lose it" policy.
The 401(k) of healthcare
After age 65, use your HSA money for non-health related expenses and just pay income taxes on your withdrawals. No penalty!
Are you eligible for an HSA?
You’re covered under an HSA-qualified HDHP
You aren’t enrolled in Medicare
You don’t have or aren’t eligible to use an FSA
You aren’t claimed as a dependent on someone else’s tax return
2024 Contribution Limits
Individuals - $4,150
Families - $8,300
Age 55+ catch-up - $1,000
Three magic words: Triple tax benefits
Tax-free contributions
Tax-free interest & investment earnings
Tax-free distributions for qualified medical expenses
