Page 17 - 2015 Four Seasons Enrollment Guide
P. 17
2015 Open Enrollment
HSA Qualified Expenses
As noted in the Open Enrollment Guide, you may use your HSA account to
pay for qualifying health care expenses for yourself, your spouse and your tax
dependents. You should keep in mind the HSA has different tax dependent
rules than the Four Seasons medical options. For the Four Seasons medical
options, you may enroll your adult dependent children up to age 26 on a
tax-free basis. However, for the HSA, to receive tax-free reimbursements,
your child must be under age 19 or under age 24 for full-time students. Tax-
free reimbursements from your HSA are also possible if your child is over
age 19 (or over age 24 for students), if the IRS inancial dependency rules
are satisied. For purposes of domestic partners, you may be reimbursed
from your HSA for expenses incurred by your domestic partner (and his/
her children) only if they satisfy the IRS requirements to be your Federal tax
dependent. Contact your inancial or tax advisor for additional information.
HSAs—Spend, Save, Invest!
Quick Facts About
There are many ways an HSA can the HSA Plan
meet your family’s speciic needs. It’s the lowest cost medical
If you haven’t taken the time to z plan option
really understand the beneits
of the HSA, now is your chance. z Four Seasons contributed over
There’s more information included $390,000 to employees’ HSAs
in this guide, keep reading and in 2014
share this information with your
family members!
17
HSA Qualified Expenses
As noted in the Open Enrollment Guide, you may use your HSA account to
pay for qualifying health care expenses for yourself, your spouse and your tax
dependents. You should keep in mind the HSA has different tax dependent
rules than the Four Seasons medical options. For the Four Seasons medical
options, you may enroll your adult dependent children up to age 26 on a
tax-free basis. However, for the HSA, to receive tax-free reimbursements,
your child must be under age 19 or under age 24 for full-time students. Tax-
free reimbursements from your HSA are also possible if your child is over
age 19 (or over age 24 for students), if the IRS inancial dependency rules
are satisied. For purposes of domestic partners, you may be reimbursed
from your HSA for expenses incurred by your domestic partner (and his/
her children) only if they satisfy the IRS requirements to be your Federal tax
dependent. Contact your inancial or tax advisor for additional information.
HSAs—Spend, Save, Invest!
Quick Facts About
There are many ways an HSA can the HSA Plan
meet your family’s speciic needs. It’s the lowest cost medical
If you haven’t taken the time to z plan option
really understand the beneits
of the HSA, now is your chance. z Four Seasons contributed over
There’s more information included $390,000 to employees’ HSAs
in this guide, keep reading and in 2014
share this information with your
family members!
17
