Page 15 - OpenX 2022 Book of Benefits

Money in your HSA …
 is yours to keep always.
 rolls over from year to year.

 accrues interest on the available balance, tax-free.
 can be spent on qualifying medical, dental and vision expenses, acupuncture and so much
more – tax free!

START IT
When you elect the CDHP+ HSA plan, an HSA will be set up for you with PayFlex.
OpenX will automatically contribute to the account.
You may also contribute to the HSA, using pretax payroll dollars.

Make sure to re-enroll in the HSA each year to keep adding to your funds.

BUILD IT
You may contribute to your HSA up to the IRS limit (minus the OpenX contribution).
The OpenX contribution depends on your medical coverage level.

You can change your contribution amount on a monthly basis.

USE IT
Use your HSA debit card to pay for covered health care expenses. You must have
funds in the account to pay for expenses or be reimbursed.

Withdrawals from your HSA for qualified medical expenses are tax-free.
Receipts aren’t required: you only need to save them for tax purposes.

GROW IT
All unused money in your account will roll over from year to year.

Your account earns interest and grows over time if you invest your funds.
You can invest your HSA dollars in a variety of investment asset classes. Fees and
terms may apply, based on the option selected.

KEEP IT
You always own the money in your HSA.
The earnings are tax-free and yours to keep.
You can take the account with you if you leave OpenX for any reason.

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