Health Savings Account and Flexible Spending Accounts
Tax-advantaged accounts help pay qualified health and dependent care expenses.
Health Savings Account (HSA)
To enroll in Everon’s HSA, you must elect an HDHP with Everon. Once you have elected your benefits, open an HSA on Fidelity’s website: www.netbenefits.com.
- You are eligible to contribute to an HSA if you are enrolled in an HSA-eligible High Deductible Health Plan.
- Funded through Pre-tax Paycheck Contributions; Employer Pre-tax Contributions.
- HSA contributions are made through payroll deductions on a pre-tax basis; money grows tax-free and qualified medical expenses are spent tax-free.
- Unused funds roll over annually.
- There are no forfeiture provisions.
- HSA funds are portable if you change plans or jobs.
- You cannot be enrolled in both a Healthcare FSA and an HSA.
- Eligible expenses include doctors’ visits, eye exams, prescription expenses - see the full list at www.netbenefits.com .
HSA Contribution Limits
| Coverage | Annual Limit |
|---|---|
| Individual | $4,500 |
| Family | $9,000 |
| Catch-Up (age 55+) | $1,000 |
Individual
- Annual Limit
- $4,500
Family
- Annual Limit
- $9,000
Catch-Up (age 55+)
- Annual Limit
- $1,000
Employer Contribution
| Coverage Tier | CREDENCE ENHANCED PLAN | CREDENCE BASE PLAN | KAISER CORE PLAN |
|---|---|---|---|
| Employee Only | $240 | $420 | $420 |
| Employee + Spouse / Employee + Child(ren) | $360 | $630 | $840 |
| Employee + Family | $480 | $840 | $840 |
Employee Only
- CREDENCE ENHANCED PLAN
- $240
- CREDENCE BASE PLAN
- $420
- KAISER CORE PLAN
- $420
Employee + Spouse / Employee + Child(ren)
- CREDENCE ENHANCED PLAN
- $360
- CREDENCE BASE PLAN
- $630
- KAISER CORE PLAN
- $840
Employee + Family
- CREDENCE ENHANCED PLAN
- $480
- CREDENCE BASE PLAN
- $840
- KAISER CORE PLAN
- $840