Page 15 - 2019 CommScope
P. 15
Eligibility If you have funds remaining in 2019
To be eligible to contribute to an HSA, you must enroll in your general purpose FSA, the
company HSA contribution—up to
in either Health & Investment Plan A or Plan B, both of $500 for January 2019—won’t be made
which are qualiied HSA plans. If you’re covered by a in January; it will be made as soon as
second medical plan, it must also be a high-deductible administratively possible after April 1,
medical plan for you to be eligible for an HSA. For 2019.
example, if you’re also enrolled in your spouse’s
coverage, that plan must be a qualiied high deductible
medical plan too.
You Can’t Contribute to an HSA if You:
Are enrolled in Medicare or a veteran’s medical plan
Are claimed as a dependent on someone else’s
federal tax return
Or your spouse currently participate (or previously
participated within the current plan year) in a
general purpose Healthcare Flexible Spending
Account (Healthcare FSA) your:
Although you can enroll your children up to age 26 in
your medical coverage, you can’t use money from your
HSA to pay their healthcare expenses unless you claim
them as dependents on your federal income taxes
(generally children up to age 18 or under age 24 if they
are full-time students).
In general, you can’t contribute to an HSA if you use
a Healthcare FSA for medical expenses. If you have an
HSA and Healthcare FSA, your:
Healthcare FSA will be “limited purpose” and can
only be used to pay for qualiied dental and vision
expenses
HSA can be used for qualiied medical, dental, and
vision expenses
15
To be eligible to contribute to an HSA, you must enroll in your general purpose FSA, the
company HSA contribution—up to
in either Health & Investment Plan A or Plan B, both of $500 for January 2019—won’t be made
which are qualiied HSA plans. If you’re covered by a in January; it will be made as soon as
second medical plan, it must also be a high-deductible administratively possible after April 1,
medical plan for you to be eligible for an HSA. For 2019.
example, if you’re also enrolled in your spouse’s
coverage, that plan must be a qualiied high deductible
medical plan too.
You Can’t Contribute to an HSA if You:
Are enrolled in Medicare or a veteran’s medical plan
Are claimed as a dependent on someone else’s
federal tax return
Or your spouse currently participate (or previously
participated within the current plan year) in a
general purpose Healthcare Flexible Spending
Account (Healthcare FSA) your:
Although you can enroll your children up to age 26 in
your medical coverage, you can’t use money from your
HSA to pay their healthcare expenses unless you claim
them as dependents on your federal income taxes
(generally children up to age 18 or under age 24 if they
are full-time students).
In general, you can’t contribute to an HSA if you use
a Healthcare FSA for medical expenses. If you have an
HSA and Healthcare FSA, your:
Healthcare FSA will be “limited purpose” and can
only be used to pay for qualiied dental and vision
expenses
HSA can be used for qualiied medical, dental, and
vision expenses
15
