Page 13 - TruckPro-2022-Benefit Guide-FINAL
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Savings accounts





          TruckPro offers several accounts that enable you to pay for eligible expenses tax-free. The IRS provides a list of eligible expenses
          for each account at www.irs.gov.


                      Health Savings                   Health Care Flexible              Dependent Care Flexible
                      Account (HSA)                   Spending Account (FSA)             Spending Account (FSA)
           Available to those enrolled in the HSA   Use this account for medical, pharmacy,   Use for eligible childcare expenses for
           Plan as long as you are not enrolled in   dental and vision expenses.   dependents under age 13 or elder care.
           any other health coverage or Medicare,
           or claimed as a dependent on someone
           else’s tax return.


          Comparison of accounts

                                                              HSA                                FSA
                                                              ✓
                                                     TruckPro Contributes
                                                        PLATINUM PLAN:
                                                         $500 Associate
           Does the company contribute?                 $750 Associate + 1                        
           Amount for full-year 2022                      $1,000 Family

                                                         BRONZE PLAN:
                                                         $300 Associate
                                                        $600 Associate + 1
                                                           $600 Family

           Can I contribute my own savings?                   ✓                                   ✓
                                                              ✓
                                                        Employee: $3,650                          ✓
           Is there an IRS maximum annual
           contribution?                                  Family: $7,300                 Health Care FSA: $2,750
                                                 Those 55 and older can contribute an    Dependent Care FSA: $5,000
                                                     additional $1,000 annually.
                                                              ✓
           Will my savings roll over each year?                                                   
                                                           Unlimited
           Will I earn interest on my savings?                ✓                                   

           Are the savings tax-free?                          ✓                                   ✓
           In most states

           Do I keep the money if I leave                     ✓                                   
           the company?

           Can I also have a Flexible Spending                 !
                                                                                                 N/A
           Account (FSA)?                        Dependent Care FSA and Limited FSA







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