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Help Login HealthEquity login WageWorks Employee login Employer login TakeCare login TransitCheck login POP login Login HealthEquity login WageWorks Employee login Employer login TakeCare login TransitCheck login POP login HSA Introduction to HSAs HSAs empower savings How does an HSA work? Who can contribute to an HSA? Advanced topics Grow savings for tomorrow Media library About HealthEquity FSA Introduction to FSAs Significant savings Health care FSA overview Use it or lose it How an FSA works Advanced topics Media library HRA Introduction to HRAs LPFSA Introduction to LPFSAs Significant savings Use it or lose it How it works LPFSA expenses DCFSA Introduction to DCFSAs Significant savings How do you qualify? How it works Eligible/ineligible expenses HSA Intro to HSAs HSAs empower savings How does an HSA work? Who can contribute to an HSA? Advanced topics Grow savings for tomorrow Media library About HealthEquity FSA Intro to FSAs Significant savings Health care FSA overview Use it or lose it How an FSA works Advanced topics Media library HRA Intro to HRAs 1 - Member pays first, automatic payment to provider 2 - Member pays first, automatic payment to member 3 - Member pays first, self-directed 4 - HRA pays first, automatic payment to provider 5 - HRA pays first, automatic payment to provider with prescription debit card 6 - HRA pays first, automatic payment to member 7 - HRA pays first, automatic payment to member with prescription debit card 8 - HRA pays first, self-directed 9 - HRA pays first, debit card LPFSA Intro to LPFSAs Significant savings Use it or lose it How it works LPFSA expenses DCFSA Intro to DCFSAs Significant savings How do you qualify? How it works Eligible/ineligible expenses × Available every hour of every day Because questions about your health accounts can arise when you least expect it, HealthEquity’s account mentors are available every hour of every day to share advice, relieve your concerns or let us conduct a personal assessment of your plan options. Find answers to your account questions online by visiting answers.healthequity.com Call or email us any time! 1.866.346.5800 memberservices@healthequity.com 0:14 - Investments available to HSA holders are subject to risk, including the possible loss of the principal invested and are not FDIC insured or guaranteed by HealthEquity, Inc.. HealthEquity, Inc. does not provide financial advice. 0:24 - For illustrative purposes only. Not a recommendation of any security. 1:25 - For illustrative purposes only. Not a recommendation of any security. 2:31 - For illustrative purposes only. Not a recommendation of any security. 2:51 - For illustrative purposes only. Not a recommendation of any security. 0:10 - Based on median prescription drug expenses. Source: Employee Benefit Research Institute https://www.ebri.org/pdf/notespdf/EBRI_Notes_Hlth-Svgs.v38no1_31Jan17.pdf 0:25 - HSAs are never taxed at a federal income tax level when used appropriately for qualified medical expenses. Also, most states recognize HSA funds as tax-free with very few exceptions. Please consult a tax advisor regarding your state’s specific rules. 1:08 - Accounts must be activated via the HealthEquity website in order to use the mobile app. × Contact Marketing/Communications If you have questions about submitting a request, please contact marcom@healthequity.com . HSAs are an easy win in today’s complex health care system HSAs empower health savings Qualifying plans typically have lower premiums HSA contributions are tax-free (federal and state*) *Eligible HSA contributions are taxed by these states: CA and NJ Your contributions lower your tax liability How can you benefit from an HSA? Answer two simple questions to find out how you can save and win with an HSA Win with an HSA ...and empower for the future Your HSA balance rolls over every year The account is yours even if you change jobs, insurance plans, or retire You can invest your HSA funds and the interest you earn is tax-free How can you benefit from an HSA? Answer two simple questions to find out how you can save and win with an HSA Win with an HSA How does an HSA work? Health plan High-deductible plan (Must be HSA qualified) + HSA Health savings account Overview of an HSA Deposit the money you saved on premiums to your HSAs Use your tax-free savings to pay for qualified medical expenses What is a qualified medical expense? View qualified medical expenses designated by the IRS Qualified medical expenses database Who can contribute to an HSA? Must be covered only by an HSA-qualified health plan. Other health coverage* may disqualify you *Medicare and other traditional health plans Cannot have a full purpose FSA (Including through a spouse) Not be claimed as a dependent on someone else&aposs tax return Need to transfer your HSA? Need to rollover your HSA? (more info coming soon) Maximize your savings The table outlines the IRS established annual HSA contribution limits Tax year Max HSA contribution limit 1 Individual Family 2020 $3,550 $7,100 2021 $3,600 $7,200 Catch-up 2 +$1,000 +$1,000 1 Annual maximum contribution amount is employer and employee contributions combined. 2 If you are over the age of 55, you may also make an additional ’catch-up’ contribution of $1,000. Tax year Max HSA contribution limit 1 Individual Family 2019 $3,500 $7,000 2020 $3,550 $7,100 Catch-up 2 +$1,000 +$1,000 1 Annual maximum contribution amount is employer and employee contributions combined. 2 If you are over the age of 55, you may also make an additional ’catch-up’ contribution of $1,000.How to transfer your HSA Transfer an existing HSA to HealthEquity with a step-by-step guide provided below: English Espanol Download the HSA transfer form Use the transfer request form to transfer directly from another custodian into your HealthEquity HSA. Download form Advanced topics Need more in-depth information about HSAs? Getting started with an HSA How it works Your HSA Investing Tips to maximize your savings Retirement Save now, cash in later What if? Online member portal HealthEquity mobile app Glossary of terms Getting started with an HSA How it works Investing Tips to maximize your savings Retirement Save now, cash in later What if? Member portal guide Glossary of terms Need a comprehensive HSA guidebook? Download your copy HSAs: The new retirement strategy The average American couple will need $301,000 to cover out-of-pocket health care costs in retirement. An HSA can help fill this Medicare gap as well as dental, hearing and vision expenses. Qualified medical expenses remain tax-free, even into retirement. In addition, after age 65, you can use your HSA much like a 401(k) and withdraw funds for any purpose. Invest your HSA By taking advantage of the investment options, you can maximize your tax-free earning potential. How to invest your HSA Advisor™ powered by HealthEquity Advisors, LLC Receive personalized guidance and advice on how to diversify and invest your HSA funds through Advisor. Learn more Save now, cash in later Earn tax-free interest on your HSA balance when you pay medical expenses out of pocket and reimburse yourself later. View video Save now cash later Future balance calculator Estimate how much you’ll be saving with your HSA dollars and in taxes for retirement View calculator Media library Video library View our comprehensive video library of guides, tutorials, and webinars Documents & forms Important documents provided by your employer Know your HSA quiz Do you know your HSAs? Take our quiz Plan comparison tool View how your health plans compare including tax saving opportunities HSA contribution calculator Determine how much you can save by contributing to your HSA Future balance calculator Determine how much you can build your HSA and save in taxes Webinars Attend free webinars and learn how to maximize your health savings Mobile app Managing your health accounts is easier and more convenient than ever before Capital gains tax calculator...