What can I use the HSA debit card for?
You can spend your HSA dollars on qualifying medical expenses for yourself, or anyone you claim as a dependent on your personal income tax — even if that person is...Read more
Can I change my pre-tax employee HSA contribution election mid-year?
As an active employee enrolled in the Consumer Driven Health Plan with a Health Savings Account (HSA) you can update your employee pre-tax HSA contribution in your E-PEBP portal. For...Read more
Do HSAs have annual contribution limits?
Yes, employees can contribute up to $3,650 in 2022 for self-only coverage or up to $7,300 for family coverage. If you’re 55 or older at the end of the year...Read more
What is the HSA testing period and how do I calculate my contribution limit?
Under the testing period, if you use the last-month rule, you must also remain an eligible individual (retain your same coverage under the CDHP or other high-deductible health plan) for...Read more
What is the last-month rule as it pertains to an HSA?
The last-month rule states that if you are covered by an HSA-eligible health plan on the first day of the last month of a given year, you are considered an...Read more
What is a Health Savings Account (HSA) and am I eligible to sign up for one?
A Health Savings Account is a tax-exempt account that you can use to pay or reimburse yourself for certain medical expenses you incur. HSAs are employee-owned accounts, meaning the funds...Read more