Page 11 - CPSS Benefit Guide Class 3 Employee

Health Savings Account

The table below shows the IRS health savings account contribution maximums for 2022. Carefully
review this chart before you determine your contribution amounts.

Health Savings 2022 2021 Change
Accounts (HSAs)

HSA Contribution Limit Employee Only: $3,650 Employee Only: $3,600 Employee Only: +$50
(employee + employer Dependent Tiers: Dependent Tiers: Dependent Tiers:
contributions) $7,300 $7,200 +$100

Central Power $800 $800 No Change
Services & System
HSA Seed Amount

CPS&S Employee Employee Only: $2,450 Employee Only: $2,400 Employee Only: +$50
Maximum Contribution Dependent Tiers: Dependent Tiers: Dependent Tiers:
$6,500 $6,400 +$100
HSA Catch-Up $1,000 $1,000 No Change
Contributions (age 55
or older)

It is important to note that you may not enroll in an HSA if you select the new
$1,500 PPO plan. This feature is only available if you enroll in the $2,300
HSA plan.

11