Health Savings Account

A Health Savings Account is a personal savings account that individuals can establish while participating in a High Deductible Health Plan (HDHP). An HSA allows you to put money away on a pre-tax basis and withdraw it tax free, as long as you use it for qualified medical expenses, like deductibles, copayments, coinsurance and more.

Health Savings Account Contributions
Tier IRS Allowed Contribution Limit 2025
Single $4,300
Single + Children $8,550
Family $8,550
Catch-Up Contribution (Age 55+) $1,000