HSA tax advantages

Health Savings Accounts offer a triple-tax advantage* – deposits are tax-deductible, growth is tax-deferred, and spending is tax-free.

All contributions to your HSA are tax-deducible, or if made through payroll deductions, are pre-tax which lowers your overall taxable income.

Your HSA contributions

Each year the IRS sets limits on how much you can contribute to your HSA with a single plan and family plan. To ensure you receive the full tax-advantage, it’s important to stay within the annual contribution limit.