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HSAs WA

Health Savings Accounts (HSA) WA

Health Savings Accounts (HSA) WA

Pay for doctor visits, prescriptions, dental check-ups and more with pre-tax dollars.

Triple Tax Benefits*

Contribute with pre-tax dollars, receive tax-free returns, and make tax-free withdrawals.

No “Use It or Lose It” Rules

Any unused money in your account is carried over to the next year and accrues interest.

Use for Nearly Any Medical Related Expense

Funds can be used for a wide range of items. See a complete list of approved expenses.

You Own The Account

Even if you leave your employer, relocate, or become unemployed, the money is yours.

Supplement Your Retirement

After age 65, you can use the funds for non-medical expenses without penalty.

Easy Account Access

Access your funds with your HSA debit card or checks.

HSA Eligibility

  • At least 18 years old

    At least 18 years old

  • Covered by a qualifying high-deductible health plan (HDHP)
    see limits below

    Covered by a qualifying high-deductible health plan (HDHP)
    see limits below

  • Covered by Medicare

    Covered by Medicare

  • Covered by another health plan that is not an HDHP

    Covered by another health plan that is not an HDHP

  • Claimed as a dependent on another person’s tax return

    Claimed as a dependent on another person’s tax return

Eligible
Individual HSA

  • At least 18 years old

    Yes

  • Covered by a qualifying high-deductible health plan (HDHP)
    see limits below

    Yes

  • Covered by Medicare

    No

  • Covered by another health plan that is not an HDHP

    No

  • Claimed as a dependent on another person’s tax return

    No

Eligible
Family HSA

  • At least 18 years old

    Yes

  • Covered by a qualifying high-deductible health plan (HDHP)
    see limits below

    Yes

  • Covered by Medicare

    No

  • Covered by another health plan that is not an HDHP

    No

  • Claimed as a dependent on another person’s tax return

    No

Not Eligible

  • At least 18 years old

    No

  • Covered by a qualifying high-deductible health plan (HDHP)
    see limits below

    No

  • Covered by Medicare

    Yes

  • Covered by another health plan that is not an HDHP

    Yes

  • Claimed as a dependent on another person’s tax return

    Yes

HSA Guidelines

  • Individual (2023)

    Individual (2023)

  • Family (2023)

    Family (2023)

HDHP Minimum Deductible

  • Individual (2023)

    $1,500

  • Family (2023)

    $3,000

HDHP Annual Out-of-Pocket Limit

  • Individual (2023)

    $7,500

  • Family (2023)

    $15,000

HSA Contribution Limit

  • Individual (2023)

    $3,850

  • Family (2023)

    $7,750

HSA 55+ Catch-up Contribution Limit

  • Individual (2023)

    $1,000

  • Family (2023)

    $1,000

Ready to open your Health Savings Account?