HEALTH SAVINGS ACCOUNT MORE INFORMATION Meridian Risk Management is going to make the ▪ You can immediately enroll and contribute to the HSA following contributions to your HSA account: ▪ Funds are only available as you accrue them ▪ Single: $1,000 annually / contributed per pay period ▪ HSA dollars are not ‘use it or lose it’ they rollover from year to ▪ Family:$2,000 annually / contributed per pay period year ▪ You can also fund into the HSA account on a pre-tax ▪ The account is portable so is yours to keep if you change jobs or basis to pay for eligible medical, Rx, dental and retire vision expenses ▪ Your dollars gain interest and can be invested, so they grow tax- ▪ Maximum contribution for 2021 free ▪ Single - $3,600 ▪ Family-$7,200 ▪ Upon retirement you can roll funds into your 401K or withdraw ▪ Aged 55+ can contribute an extra $1,000 per year as them as cash with no penalty a ‘catch-up’ contribution ▪ If you are enrolled in Medicare you CANNOT contribute to an ▪ More Details HSA account 25