Page 20 - Burnham EE Guide 01-20
P. 20

TAX SAVINGS BENEFITS





                                Benefit Video

                                To learn more about how high deductible health plans and HSAs work, watch our quick video at
                                http://video.burnhambenefits.com/hdhp.



                 Burnham HSA Contributions

                 When you enroll in the Aetna HSA Plan and Burnham’s preferred vendor, PayFlex, Burnham contributes to your
                 HSA as follows:
                                                     Burnham’s Contributions

                                                                 2020                             2020
                  For                                   Burnham’s Monthly HSA          Burnham’s HSA Contribution
                                                             Contribution                      Annualized
                  Employee                                       $50                              $600
                  Employee + Spouse                              $75                              $900
                  Employee + Child(ren)                          $75                              $900
                  Employee + Family                              $100                            $1,200





                 HSA Contribution Limits for 2020

                 HSA contributions are limited by law. The contribution limits below include both your contributions and any
                 contributions from Burnham:
                                            HSA Annual Contribution Limits


                                                                             2020
                              For                                      Annual Employee
                                                                    Contribution Maximum
                              Employee                                      $3,550
                              Employee + Spouse
                              Employee + Child(ren)                         $7,100
                              Employee + Family




















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