Health Savings Accounts (HSA)

Health Savings Accounts (HSA) are a great way to pay for current and future healthcare expenses. HSAs offer a triple tax advantage where contributions are tax deductible or pre-tax if made through payroll contributions, interest earned is tax free and withdrawals are tax free as long as they are used for qualified medical expenses. Once a threshold is reached, there is an opportunity to invest in a variety of mutual funds. This site includes information to help you decide if an HSA is right for you in addition to resources to help manage your HSA and plan for future savings. We have included videos, calculators, forms, resources in addition to a list of frequently asked questions.

HSA Limits

  2018 2019 2020
  Single Family Single Family Single Family
Contribution Limit $3,450 $6,900 $3,500 $7,000 $3,550 $7,100
Catch-Up Contribution (55 or older) $1,000 $1,000 $1,000 $1,000 $1,000 $1,000
Minimum Deductible $1,350 $2,700 $1,350 $2,700 $1,400 $2,800
Maximum Out-of-Pocket $6,650 $13,300 $6,750 $13,500 $6,900 $13,800

HSA Videos and Calculators

The videos and calculators below can help you make an informed decision about enrolling in an HSA plan.

What is an HSA?

HSA vs FSA

How does an HSA work?

Growing Your HSA

HSA Frequently Asked Questions

Below are some of the most frequently asked questions about HSAs. Find your category and then select a question

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HSA Limits

  2018 2019 2020
  Single Family Single Family Single Family
Contribution Limit $3,450 $6,900 $3,500 $7,000 $3,550 $7,100
Catch-Up Contribution (55 or older) $1,000 $1,000 $1,000 $1,000 $1,000 $1,000
Minimum Deductible $1,350 $2,700 $1,350 $2,700 $1,400 $2,800
Maximum Out-of-Pocket $6,650 $13,300 $6,750 $13,500 $6,900 $13,800