Health Savings Accounts (HSA)

Who is eligible for a Health Savings Account (HSA)?

To be eligible for an HSA, you must have a High Deductible Health Plan (HDHP) and meet specific criteria.

Criteria

Eligibility requirements include:

  • Enrollment in a High Deductible Health Plan (HDHP)
  • Under the age of 65
  • Not covered by another health plan
  • Not claimed as a dependent

To qualify as a High Deductible Health Plan, your health plan must meet the below standards:

2025 Minimum deductibles

For 2025, the minimum annual deductible for a HDHP is:

  • $1,650 for self-only coverage
  • $3,300 for family coverage

2025 Out-of-pocket maximums

For 2025, the out-of-pocket maximums for a HDHP is:

  • $8,300 for self-only coverage
  • $16,600 for family coverage

If you no longer have an HDHP but still have HSA funds, you can still use those dollars at any time to pay for qualified medical expenses so long as you are not contributing.

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