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Published byKerry Rogers Modified over 6 years ago
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$ $ $ $ HDHP High Deductible Health Plan HSA Health Savings Account
Premium $ $ $ $ HDHP High Deductible Health Plan HSA Health Savings Account Max Annual Contributions to your Bank or Credit Union HSA Account $0 to $3,400 - Single $0 to $6,750 – Family Catch-up Contribution available at age $1,000 – Max Health Plan Deductible $1,300 / $6,550 max – Single $2,600 / $13,100 max – Family Out of Pocket Maximums *******Health Plan Not to Exceed $6,550 Single $13,100 Family You Select your Co-insurance of 80% or 100% after Deductible at time of enrollment
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Qualified Medical Expenses
Savings Premium $ $ $ $ HDHP High Deductible Health Plan HSA Health Savings Account Qualified Medical Expenses Doctor & Hospital Expenses Surgeries Prescription Drugs Lab & X-ray Dental & Vision Physical Therapy Out of Pocket Expenses from Health Plan See IRS Guide 502 for Full List Tax Deductible Tax Deferred – 2% Interest (Example) at your Bank or Credit Union Tax Free Withdraws for Eligible Medical Expenses Your Money! Before Age 65 20% Tax Penalty For Non -Medical Expenses Reported As Earned Income After Age 65 Penalty Free Non – Medical Withdraws No Use It Or Lose It Rule!
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