You can contribute before-tax dollars to an HSA to cover your deductible and coinsurance payments. You can use the money for any eligible medical, prescription drug, dental or vision expenses you incur now or in the future — even if you switch plan options, leave the Firm or retire. Unlike a Flexible Spending Account, there is no use-it-or-lose-it feature with an HSA.

2023

• Single contribution max: $3,850
• Family contribution max: $7,750

If you are age 55 or over, you can make an additional contribution of up to $1,000 (single or family).

HSAs have triple-tax advantages and let you invest balances greater than $500.