Tax-Free Savings Account Health Savings Account HSA Video A Health Savings Account (HSA) helps you save pre- tax dollars through payroll that can be used for copays, deductibles and other everyday health- related purchases. Here’s what to know: • It is a bank account you open and own *HDHP #1 *HDHP #2 2027 IRS | • The money in your account rolls over year-to-year | Dependent(s) | Contributions | Contributions | Max Limit | | • The money is never taxed on qualified expenses | | Employee | $500 | $1,000 | $4,500 | | • PPO plan enrollees are not eligible for an HSA | | + Spouse | $750 | $1,500 | $9,000 | | Eligible Expenses | + Child(ren) | $750 | $1,500 | $9,000 | | Family | $1,000 | $2,000 | $9,000 | *MVCSC will match employee contributions to HSAs dollar-for-dollar, up to the maximum allowable limit, and only when employees make their own contributions. Age 55 or older? There is an additional $1,000 catch-up contribution amount allowed by the IRS.