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Health Savings Account

What is an HSA?

A Health Savings Account (HSA) is a tax advantaged medical savings account that allows you to save for, eligible medical expenses. You can choose to put funds in a savings account or invest once you’ve established a minimum balance. Your Health Savings Account belongs to you & you decide how & when to use the money. You can use the money as soon as it’s deposited into the account, or you can let it accumulate to be used at a later date, even during retirement.

IRS Contribution Limits 2025 2026
Single $4,300 $4,400
Family $8,550 $8,750
Catch-Up (55+) $1,000 $1,000
     
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