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What requirements do I need to meet to open an HSA?

Members who meet the requirements below on the first day of a given month are eligible to open an HSA and may make and/or receive contributions to their account.

  • Covered under a high-deductible health plan (HDHP)
  • Not covered by any health plan that is not an HDHP
  • Not enrolled in Medicare
  • Not eligible to be claimed as a dependent on another person’s tax return

 

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