Health Savings Account (HSA)

The High Deductible Health Plan (HDHP) is paired with a Health Savings Account (HSA). When you enroll in the HDHP, you have the option to open an HSA - a tax-savings account that is only available when you are enrolled in an HDHP. With an HSA you may set aside pre-tax dollars into a savings account which can be used to pay for eligible medical, prescription drug, dental, and vision expenses or can be saved for future use. The IRS sets limits on the maximum that can be deposited each year.

Funds
won't expire

Your HSA balance is yours. If you don’t spend your balance in a year, all funds roll over into the following year.

You keep the money in your account

You own your HSA. Think of it as a personal savings account for qualified health care expenses. If you switch jobs or retire, you’ll take it with you.

Triple
tax advantages

Once you’ve opened your HSA, you’ll contribute pre-tax money, your account will grow tax-free, and you may pay for eligible health care expenses tax-free.

Fidelity Health Savings Account (HSA)

Mott MacDonald has a relationship with Fidelity HSA and sends your contributions to Fidelity each pay period.

800-835-5095
nb.fidelity.com

Important Resources

Maximize Your HSA
Triple Tax Savings With an HSA
HSA Payroll Deduction Form