HEALTH SAVINGS ACCOUNT Only for those enrolling in the High Deductible HSA TRIPLE TAX SAVINGS Health Plan (HDHP), you are eligible set up a Health Saving Account (HSA). Tax-free Pre-tax Tax-free growth Health Savings Accounts allow you to set aside pre-tax payroll withdrawals from interest or money to help cover your deductible and pay for other deductions for eligible investment returns out-of-pocket healthcare expenses for you and your expenses dependents. HOW TO USE A HEALTH SAVINGS ACCOUNT CONTRIBUTION LIMITS You can start, stop, or change your For the 2025 calendar year, the IRS allows you to contribution amount during the year. contribute up to following amounts into your Health Savings Account: You can use funds for yourself, your spouse, • Single coverage: $4,300 and/or eligible tax dependents — whether • Any tier of Family coverage: $8,550 they are on your medical plan or not. • Additional catch-up contribution: Age 55+: $1,000 You cannot contribute to an HSA once you’ve If electing the HDHP, SingleOps will contribute up enrolled in Medicare, but you can use any $1,000 annually (distributed per pay period.) existing HSA dollars on health expenses, including Medicare premiums. IRS limits include combined employer and employee contributions HSA Introduction View Qualified Expenses