Health Savings Account (HSA)

Imagine your HSA like a health piggy bank. You and your employer can toss in money, and the cool part is, it's all tax-free. This money isn't just for everyday medical stuff; you can use it for doctor visits, prescriptions, and even that pair of glasses you've been eyeing. Plus, since it's your account, you get to keep whatever you don't use, and it rolls over year after year. So, it's like your health money grows and stays yours. It's a great way to take charge of your healthcare costs and stash away some funds for the future.

Components of an HSA
  • You own the HSA 
  • It pairs with a high-deductible health (HDHP) plan
  • You select how much to contribute
  • You receive tax advantages
  • Unused funds roll over annually


Eligibility

  • Enrolled in the UHC HDHP HSA plan

  • Not covered by another non-HSA health plan

  • Not enrolled in a Healthcare FSA

  • Not receiving Medicare/Tricare benefits

  • You can’t be claimed as a dependent on someone else’s tax return

GoFundMe Annual Contribution 

  • Employee Only: $750 annually / $62.50 monthly

  • Employee + Dependent: $1,500 annually / $125 monthly 

  • Family: $1,600 annually / $133.33 monthly

2025 Annual Contribution Limits

  • Employee Only: $4,300 

  • Employee + Dependent: $8,550 

  • Age 55+ Catch Up: $1,000

Rules for married couples with own HDHPs and HSAs

  • If both spouses have self-only HDHPs: Can open own HSA and contribute up to self-only 2025 limit

  • If at least one spouse has Family HDHP coverage:

    • Contribution limit is the annual family maximum for 2025

    • The couple can agree on how to divide this family limit between 2 separate HSAs:

    • Split the limit equally.

    • Allocate the entire limit to one spouse's HSA.

    • Divide it in any way they agree upon, as long as the total combined contributions to both HSAs do not exceed the family limit.