Health Savings Accounts
Access Your AccountHealth Savings Accounts
What’s a Health Savings Account?
If you’re enrolled in a high-deductible health plan (HDHP), you can use a Health Savings Account to save and pay for qualified medical expenses. An HSA is a tax-advantaged savings account—contributions are typically taken from your paycheck pretax, the interest and earnings are tax deferred, and, if you use the money for qualified medical expenses, the withdrawals are tax free.
The Benefits of Saving with United
Your United Health Savings Account (HSA) comes with:
- No minimum balance
- Free HSA debit card
- Digital banking access
- Personalized HSA portal with your tax savings to date, transaction details, and receipt storage
- Monthly eStatements and annual reports
- One-time $10 setup fee and $2.75 monthly service charge
Your HSA Portal
Stay up to date with your expenses and progress at all times. Enroll in our HSA portal to:
- View your account balance, tax savings, and contributions
- Track your out-of-pocket expenses and store your receipts
- Plan your contributions to meet your current needs and see how much you can save by retirement
- Link your healthcare plan and track your deductible, out-of-pocket maximums, and medical claims
HSA Contributions
Participants may contribute up to the maximum allowed by law. Contribution amounts are based on IRS limits.1
| Year | Individual/Single Coverage | Family Coverage (2+ Lives) | Catch-up Contributions2 |
|---|---|---|---|
|
Year
2024 Contributions
|
Individual/Single Coverage
$4,150
|
Family Coverage (2+ Lives)
$8,300
|
Catch-up Contributions2
$1,000
|
|
Year
2025 Contributions
|
Individual/Single Coverage
$4,300
|
Family Coverage (2+ Lives)
$8,550
|
Catch-up Contributions2
$1,000
|
-
To be eligible for an HSA account you must be enrolled in a High Deductible Health Plan (HDHP), cannot have additional healthcare coverage including Medicare or VA benefits and cannot be claimed as a dependent. HSA accounts cannot be rolled or transferred into any IRA account.
2Those age 55 and older may contribute an additional amount as shown as a catch-up contributor.
