Health Savings Account

What is an HSA?

A Health Savings Account (HSA) is an individually owned account that lets you set aside money on a pre-tax basis (which lowers your taxable income) to pay for qualified medical, dental and vision expenses.

You can use the funds in an HSA at any time to pay for qualified medical expenses, or you can save the money for future expenses. You own the account and the money is yours to use now or save and grow. The money rolls over from year to year and you never lose or forfeit the balance.

You may open and contribute to an HSA only if you are enrolled in a qualified High Deductible Health Plan (HDHP) and meet other qualifications.

Individual HSA – 2026 IRS Maximum Contribution = $4,400
Family HSA – 2026 IRS Maximum Contribution = $8,750
Catch-up for ages 55+ = $1,000