Health Savings Account

Saving for a healthy future

 

A Health Savings Account is available to those who are enrolled in a high-deductible health plan (Silver and Bronze plans) to make contributions to pay future medical expenses. The balance in a Health Savings Account rolls over from year to year, and can be used in retirement. You can also invest the money in your account once it reaches a certain amount. The maximum you may contribute to a Health Savings Account each year is set by the the IRS – the limit for 2025 is $4,300 for individuals and $8,550. Those who are 55 and older can make a maximum $1,000 catch-up contribution additionally each year.

HSA Contribution Limits 2025
Coverage Option Single Coverage Family Coverage
2025 Contribution Limit $4,300 $8,550
Catch-up contribution for those age 55 and older $1,000 $1,000
Annual maximum for individual age 55 and older $5,300 $9,550
To see if a Health Savings Account is the right choice for you or view your current account, call:

HSA Bank at 1.800.357.6246.

Representatives are available Monday-Friday from 7 am to 9 pm CT.

Or available on Canvas > Life and career > About me > My benefits.