Page 12 - 2015 Enrollment Guide
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Health Savings Account (HSA)
If you elect the Consumer The IRS regulates how much you are allowed to put into your HSA
HSA Choice Plus plan, you may annually. The 2015 contribution limits are as follows.
establish an HSA. There are many
advantages to owning an HSA. $3,350 for an individual
You determine how and when to $6,650 for a family
use your HSA dollars. Whatever If you are age 55 or older you are eligible for an additional catch-up
annual amount you elect will be contribution of $1,000 annually
divided by the number of pay
periods in the year, and will be You have the ability to start, stop, or change your per-pay-period HSA
deducted from your pay stub and contribution at any time by logging into the ADP/WFN portal and
deposited into your HSA. requesting a change. The change will be effective the pay period following
the request.
If you elect to contribute to an Advantages of Owning an HSA
HSA, your HSA deductions will
be withheld from your irst pay Flexibility
check in July and forwarded to You can use the funds in your account to pay for current medical
Optum Bank. Optum Bank will expenses, including expenses which your insurance may not cover, or save
open your HSA account and send the money in your account for future needs, such as the following.
a welcome kit with your Optum
Bank HSA debit card. Optum Health insurance or medical expenses if unemployed
Bank will also contact you if any Medical expenses after retirement
questions arise while opening your Out-of-pocket expense not covered by an insurance carrier
account. You must respond to any
requests to open your account. If Long-term care expenses and insurance
your account has not cleared all Savings
Patriot Act clearances, your funds You can save the money in your account for future medical expenses and
will be held at Optum Bank for grow your account through investment earnings.
60 days. If your account has not
been opened after 60 days, your
contributions will be returned to
Optimas who will add to your pay
and tax.
Optimas OE Solutions Holdings, LLC
Health Savings Account (HSA)
If you elect the Consumer The IRS regulates how much you are allowed to put into your HSA
HSA Choice Plus plan, you may annually. The 2015 contribution limits are as follows.
establish an HSA. There are many
advantages to owning an HSA. $3,350 for an individual
You determine how and when to $6,650 for a family
use your HSA dollars. Whatever If you are age 55 or older you are eligible for an additional catch-up
annual amount you elect will be contribution of $1,000 annually
divided by the number of pay
periods in the year, and will be You have the ability to start, stop, or change your per-pay-period HSA
deducted from your pay stub and contribution at any time by logging into the ADP/WFN portal and
deposited into your HSA. requesting a change. The change will be effective the pay period following
the request.
If you elect to contribute to an Advantages of Owning an HSA
HSA, your HSA deductions will
be withheld from your irst pay Flexibility
check in July and forwarded to You can use the funds in your account to pay for current medical
Optum Bank. Optum Bank will expenses, including expenses which your insurance may not cover, or save
open your HSA account and send the money in your account for future needs, such as the following.
a welcome kit with your Optum
Bank HSA debit card. Optum Health insurance or medical expenses if unemployed
Bank will also contact you if any Medical expenses after retirement
questions arise while opening your Out-of-pocket expense not covered by an insurance carrier
account. You must respond to any
requests to open your account. If Long-term care expenses and insurance
your account has not cleared all Savings
Patriot Act clearances, your funds You can save the money in your account for future medical expenses and
will be held at Optum Bank for grow your account through investment earnings.
60 days. If your account has not
been opened after 60 days, your
contributions will be returned to
Optimas who will add to your pay
and tax.
Optimas OE Solutions Holdings, LLC
