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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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