What is a Health Savings Account (HSA)?
An HSA is a personal savings account used alongside a high-deductible health plan (HDHP) to pay for qualified medical expenses—offering triple tax advantages and long-term savings.
Key Benefits:
Tax-Deductible Contributions
Tax-Free Growth
Tax-Free Withdrawals
Portable Account
Investing Options
Unused Funds Roll Over
FAQ
Who is eligible for an HSA?
You must be enrolled in a qualified high-deductible health plan (HDHP) and not have other first-dollar medical coverage or be claimed as a dependent.
How much can I contribute?
For 2025, individuals can contribute up to $4,300 and families up to $8,550, with an extra $1,000 catch-up for those 55 or older.
What can HSA funds be used for?
You can use HSA dollars for qualified medical, dental, and vision expenses for yourself, your spouse, and your dependents.
Do HSA funds ever expire?
No, unused funds roll over year to year and are always yours—even if you change jobs or retire.