5 HEALTH SAVINGS ACCOUNT (HSA) An HSA allows you to use before tax dollars to reimburse yourself for eligible out-of-pocket medical expenses for you, your spouse and your dependents, which in turn saves you on taxes and increases your spendable income. HSA’s have many benefits such as: • An HSA is yours. Funds in your HSA account stay with you, even if you change jobs. • Contribute tax free. An HSA reduces your taxable income. The money is tax free both when you put it in and when you take it out to cover qualified medical expenses. • Grow funds tax free. An HSA grows with you. When your HSA account balance reaches the minimum balance requirement, your funds can be invested in mutual funds yielding tax-free earnings. • Spend tax free. Withdrawals used for eligible expenses are tax free. • Funds can be withdrawn anytime for medical expenses. • After age 65, the funds can be used for any purpose, without penalty. • An HSA is only available if you select the HDHP Medical Plan If you meet the HSA requirements and choose to make HSA contributions, you must set up your own account with a financial institution of your choosing, make your contributions up to the IRS allowed amount, and address your tax consultant for tax credit. 2025 HSA Maximum Contributions $4,300 Individual $8,550 Family YOUR JOURNEY TO SAVINGS ?