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Health Savings Accounts

Health savings account (HSA) is a tax-advantaged medical savings account available to taxpayers who are enrolled in a high deductible health plan (HDHP).  HSA’s are owned by the individual and the funds contributed are used to pay for qualified medical expenses at any time.

  • Tax free withdrawals if used to pay for qualified medical expenses
  • Choose between individual coverage or family coverage for you, your spouse, and your dependents.
  • Must be enrolled in an HDHP – see below for qualifying Deductible and Out-Of-Pocket Expenses
  • Tax-deductible contributions can be made up to the annual limits below
  • Pay for qualified medical expenses at time of purchase with your HSA Debit Card
  • Unused funds remain in the HSA each year and earn a competitive interest rate
Minimum Annual Deductible to Qualify
Tax Year
Self-Only Coverage
Family Coverage
2025
$1,600
$3,200
2026
$1,600
$3,200
Maximum Out-of-Pocket Expenses to Qualify
Tax Year
Self-Only Coverage
Family Coverage
2025
$8,050
$16,100
2026
$8,050
$16,100
HSA Contribution Limits
Tax Year
Self -Only Contribution Limit
Family Contribution Limit
Catch-Up Contribution Limit
2025
$4,300
$8,550
$1,000 per individual age 55 or older
2026
$4,400
$8,750
$1,000 per individual age 55 or older

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