Health Savings Account More Information The HSA Account You are ONLY eligible to enroll or contribute to an HSA if you You own the account, so it is portable if are enrolled in the Empire Total Blue Plan you change jobs or retire Funds can only be used as they are accrued You can fund into the account on a pre-tax basis to pay for Funds rollover from year-to-year eligible medical, dental, vision and prescription drug expenses Triple Tax Advantage The maximum contribution for 2023 is: You can fund money in pre-tax Individual - $3,850 Your money grows pre-tax Family - $7,750 Your money is distributed pre-tax If you are aged 55+ you can contribute an additional $1,000 annually as a ‘catch-up’ contribution What Else? Upon retirement you can roll the funds into your 401k or withdraw them as cash *If you are enrolled in Medicare, you CANNOT with no penalty contribute to an HSA account