Refer to the HSA Eligibility Checklist for additional information. What other types of additional coverage are permitted?
• Worker’s Comp, Tort, or property coverage • Accidents • Disability • Dental Care • Vision Care • Long-term Care Other coverage may be permitted. Refer to IRS publication 969 for additional information or contact your tax advisor. What are the advantages of having a Health Savings Account? Contributions to a Health savings account are tax deductible and qualified withdrawals are tax-free. In addition, the premiums for a High Deductible Health Plan are typically much lower than health plans with lower deductibles. How much can I contribute to my United HSA? Your contribution is limited to the maximum amount permitted by law. For 2008 you can not contribute more than $2,900 if you have single coverage or not more than $5,800 if you have family coverage. If you are age 55 or older, you are eligible to make an additional $900 in contributions. How often do I have to contribute? You can contribute as often as you like. We will accept contributions at all United Bank & Trust locations. You
Related Questions
- Refer to the HSA Eligibility Checklist for additional information. What other types of additional coverage are permitted?
- What other kinds of health coverage may an individual maintain without losing eligibility for an HSA?
- What other kinds of health coverage may an individual maintain without losing eligibility for a HSA?
