HSA Experience Presented to: UkpeAGvik iñupiat corporation

What is an HSA? A tax-advantaged savings account that you use to pay for qualified medical expenses not covered by the HDHP, including deductibles, co-pays, prescriptions, vision and dental care. Paired with a qualified HSA-compatible health plan to help eligible individuals pay for qualified medical expenses. Unused funds that will roll over year to year. There’s no “use or lose it” penalty. Potential to build more savings through investing. You can choose from a variety of HSA self-directed investment options. Additional retirement savings. After age 65, funds can be withdrawn for any purpose without penalty . ©2014 HSA Bank. HSA Bank is a Division of Webster Bank, N.A., Member FDIC.

Advantages of an HSA Funds roll over from year to year No “use it or lose it” philosophy. Tax benefits on contributions, earnings and distributions Contributions are either pre-tax (via payroll deduction) or tax-deductible. Portability Funds follow you if you leave your employer or change health insurance. Tax-free withdrawals for Qualified Medical Expenses even if qualifying coverage ends. Long-term investment opportunities Not FDIC insured Control over healthcare dollars ©2014 HSA Bank. HSA Bank is a Division of Webster Bank, N.A., Member FDIC.

Getting Started We give you everything you need to use, grow and manage your HSA: Welcome Kit: This valuable “starter package” contains the account number and important disclosures. This kit arrives approximately 7 to 10 business days after enrollment processing is complete. Debit Card: Arrives separately from the Welcome Kit approximately 10 to 14 business days after enrollment processing. The account privacy statement is included in this mailing. Member Website: Provides 24/7 account information, including activity and balance information, electronic statements, tax documents and electronic funds transfers. You may sign up at www.hsabank.com/members. Beneficiary: Advises you how to designate a beneficiary for their account. Other: Reviews contribution options and other frequently asked questions. ©2014 HSA Bank. HSA Bank is a Division of Webster Bank, N.A., Member FDIC.

Authorized Signers A trusted individual granted access to HSA funds and information: Can be a spouse or dependent over 18 years of age. Debit card can be issued in Authorized Signer’s name. ©2014 HSA Bank. HSA Bank is a Division of Webster Bank, N.A., Member FDIC.

Beneficiaries To protect your HSA funds: Separate designation than the Authorized Signer. If beneficiary is the spouse, the account may be transferred to the spouse’s name and remain a health savings account. If non-spouse beneficiary, the balance is paid to the beneficiary as a taxable transaction. If no beneficiary name, the balance is paid to the estate of the employee. ©2014 HSA Bank. HSA Bank is a Division of Webster Bank, N.A., Member FDIC.

Online Management Member Website allows you to: Access real-time account balances, transaction history, statements, and online transfers. Sign up today at www.hsabank.com/members. Manage profile View real-time account balances View transaction history and statements View cancelled checks Access electronic statements and tax documents Receive year-to-date account information Transfer funds to or from a linked account Track expenses and save receipts Pay providers directly from HSA Access self-directed investment options ©2014 HSA Bank. HSA Bank is a Division of Webster Bank, N.A., Member FDIC.

Mobile App View HSA information while on the go: Snap picture of receipt and upload to Dashboard Real-time updates Available for download via App Store and Google Play ©2014 HSA Bank. HSA Bank is a Division of Webster Bank, N.A., Member FDIC.

Account Fees ©2014 HSA Bank. HSA Bank is a Division of Webster Bank, N.A., Member FDIC.

Contribution Options: how to deposit money Payroll Deduction: Payroll deduction amount can be changed throughout the year. Online Transfers: Through the Member Website, transfer funds from your external bank accounts (i.e., checking or savings accounts) to their HSA. Personal Check or Money Order: Mail a personal check with a completed Contribution Form to HSA Bank directly at PO Box 939, Sheboygan, WI 53082. HSA & MSA Transfer; IRA Rollover*: A once-per-lifetime transfer can also be made from an IRA; however, these are subject to the annual maximum contribution limit. *HSA Bank recommends consulting a qualified tax advisor to understand any conditions or risks that may apply before initiating a transfer or rollover of any kind. ©2014 HSA Bank. HSA Bank is a Division of Webster Bank, N.A., Member FDIC.

Contribution Limits HDHP Intended to cover serious illness or injury 2016 Single Family Minimum Deductible $1,300 $2,600 Maximum Out-of-Pocket $6,550 $13,100 Intended to cover serious illness or injury HSA Maximum Contribution Single Family 2016 $3,350 $6,750 Catch-up Contribution (Age 55+) $1,000 Can pay for eligible medical expenses not covered by the health plan ©2014 HSA Bank. HSA Bank is a Division of Webster Bank, N.A., Member FDIC.

Contribution Limits A Contribution Monitor enables Internet Banking customers to view HSA contributions in a graphical representation on the Accountholder’s homepage.  Additionally, a Contribute button will allow you to easily access the Transfers page to set-up a one-time or recurring transfer in order to meet the relevant contribution limit for the current or previous plan year. ©2014 HSA Bank. HSA Bank is a Division of Webster Bank, N.A., Member FDIC.

Excess Contributions You as the accountholder are accountable for not exceeding the IRS limit because you are allowed to contribute outside of your payroll deductions. When you fund more than the IRS allows: Excess Contribution Removal form is required to process removal. There is a $25 excess removal fee. The deadline for removal is tax filing deadline, including extensions. The excess removal does not affect the employee’s 5498-SA. Custodians are required to report all contributions, even excess regardless if it has been removed or not. Excess removals are reported on a separate 1099-SA and will be received in the tax year the excess was removed. ©2014 HSA Bank. HSA Bank is a Division of Webster Bank, N.A., Member FDIC.

Distribution Options: how to pay expenses Debit Card Up to two free cards. To help prevent misuse of HSA funds, the debit card is only authorized at IIAS (Inventory Information Approval System) merchants and medical providers. Online Transfers (through Member Website) Establish and verify personal external bank account. No fee for funds transfer. Pay Provider (through Member Website) Create payee information. Payment made via check, generally mailed within 72 hours of request. Checks Checks can be ordered upon request Box of 50 for a fee of $7.95. ©2014 HSA Bank. HSA Bank is a Division of Webster Bank, N.A., Member FDIC.

Using the Debit Card HSA Bank’s debit card can be used for point-of-sale transactions in two ways: Signature For signature, swipe card, press credit on the keypad, and sign the receipt. This option is FREE. PIN To pay using a PIN (Personal Identification Number), swipe your card, select debit on the keypad, and enter your PIN. A $2 fee per PIN transaction applies. To withdraw HSA funds from an ATM ($2 fee per ATM withdrawal applies), be sure to select the “checking” option (not savings) when asked the type of account you are withdrawing from. To avoid the $2 fee, use Internet Banking to transfer funds from your HSA to a personal checking or savings account. ©2014 HSA Bank. HSA Bank is a Division of Webster Bank, N.A., Member FDIC.

Using the Debit Card HSA Bank has several security protocols in place to protect you and your funds: HSA Bank limits point-of-sale debit card transactions to medical merchants. Also, as a mechanism for fraud protection, we’ve set limits on debit card transactions. You can withdraw $2,000 per day when a signature is used and $300 per day for PIN-based transactions. Debit card transactions are also limited to your current daily balance. NOTE: you may request that HSA Bank temporarily increase the $2,000 limit up to your account balance to pay for large medical expenses. You are able to make five debit card transactions per day. Any additional transactions will be denied. ©2014 HSA Bank. HSA Bank is a Division of Webster Bank, N.A., Member FDIC.

Account Communications HSA Bank provides several communication pieces to help you manage your HSA, including: Quarterly account statements: Available by default. Monthly account statements: Available online or by mail. IRS Form 5498-SA: Sent in May and lists all HSA contributions made the prior year. Contributions for previous tax year can be made up until the tax filing deadline. IRS Form 1099-SA: Sent in January and reports any HSA distributions that were made. ©2014 HSA Bank. HSA Bank is a Division of Webster Bank, N.A., Member FDIC.

Account Changes Change of Health Plan: No change required at HSA Bank You as the accountholder are responsible for making all changes to your HSA directly with HSA Bank: Change of Health Plan: No change required at HSA Bank Change of Coverage Level: Complete Coverage Level Update Form to increase limit shown on Contribution Monitor in Member Website Change in Marital Status: Complete Account Information Change form to change name, authorized signers, designation of beneficiary, and address Change of Address: Change address within Member Website or contact the Client Assistance Center ©2014 HSA Bank. HSA Bank is a Division of Webster Bank, N.A., Member FDIC.

Investment Options No minimum balance is required to begin investing. You can invest and grow your HSA savings to help pay for future medical expenses: No minimum balance is required to begin investing. Savings grow tax free because investment earnings are not taxed. TD Ameritrade Stocks, bonds, mutual funds Trading fees may apply Ability to place trades online, telephone, mobile device or broker Access to independent research tools Devenir Preselected group of no-load or load-waived mutual funds Only $24 annual fee Access to independent research tools SSO through Member Website Investment products are not FDIC insured, are not a deposit or other obligation of or guaranteed by HSA Bank, and are subject to investment risks. 19 ©2014 HSA Bank. HSA Bank is a Division of Webster Bank, N.A., Member FDIC.

Client Assistance Center 800-357-6246 Monday – Friday, 7 a.m. to 9 p.m. CT Saturday, 9 a.m. to 1 p.m. CT askus@hsabank.com

Services & Support Bankline: Is a toll-free automatic system that provides you with 24/7 access to account balance and transaction history at 800-565-3512. askus@hsabank.com: You can email us with any questions or concerns. www.hsabank.com: On our website, you will find educational materials, online tools, forms and other important HSA information. ©2014 HSA Bank. HSA Bank is a Division of Webster Bank, N.A., Member FDIC.