Page 13 - Zenoss, Inc 2022 Flipbook

Savings accounts

Zenoss, Inc 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. Our savings accounts are managed by Wex.

Health Savings Health Care Flexible Dependent Care Flexible
Account (HSA) Spending Accounts (FSAs) Spending Accounts (FSAs)
Available to those enrolled in Your options depend on your medical plan Use for eligible childcare expenses
the HSA Plan as long as you are enrollment. for dependents under age 13 or
not enrolled in any other health • Health Care FSA – If you are not enrolled in an elder care.
coverage or Medicare, or claimed HSA plan, you can use this account for medical,
as a dependent on someone else’s pharmacy, dental and vision expenses.
tax return.
• Limited Purpose FSA – If you are enrolled in an
HSA plan, you can use this account for dental
and vision expenses only.

Comparison of accounts

HSA FSA

Does the company contribute?
Amount for full-year 2022 Employee: $750 X
Employee +1 or Family: $1,500

Can I contribute my own savings?  


Is there an IRS maximum annual Employee: $3,650 
contribution? Family: $7,300
Those 55 and older can contribute an additional
$1,000 annually.
 X
Will my savings roll over each year? Up to $570 for FSA;
Unlimited No rollover for Dependent Care FSA

Will I earn interest on my savings?  X

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

Will I get a debit card?  

Do I keep the money if I leave the 
company? X
Can I also have a Flexible Spending  N/A
Account (FSA)? Limited Purpose only

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