Health Savings Account (HSA) Guide
Who Is Eligible?
You are eligible if you:
- Are covered by a High Deductible Health Plan (HDHP);
- Are not covered under a medical health plan that is not a High Deductible Health Plan;
- Are not covered under a Medical FSA;
- Are not entitled to Medicare benefits; and
- Are not claimed on another person’s tax return.
How Does It Work?
- Employee and/or employer funds HSA account.
- Employee will be mailed an HSA Debit Card.
- Employee seeks medical services.
- Medical services are paid by the HDHP (subject to a deductible).
- Employee can use debit card or seek reimbursement from their HSA account for any eligible expense.
- To maximize catch-up contributions, the employee and covered spouse must be 55 or older and open separate HSAs.
| How Much Can I Contribute? | 2026 HSA Contribution | |||
|---|---|---|---|---|
| Individual | Individual + Dependents | |||
| Total Contribution limit | $4,400 | $8,750 | ||
| If over age 55 | Additional $1,000 | Additional $1,000 | ||
| Employee Contribution | $3,200 | $6,350 | ||
| *Employer Contribution | $1,200 | $2,400 | ||
The Employer Wellness contributions are made in January 2026. | ||||
HSA enrolled employees who complete the wellness activity in the prior year will receive an additional employer contribution. Please reference chart below:
| HSA Plan | FFTC Pays (January 2026) |
|---|---|
| First Member | $1,200 ($600 initial eligibility + $600 Wellness adherence) |
| Additional Member | $1,200 ($600 initial eligibility + $600 Wellness adherence) |
Additional members include any dependent covered under the FFTC medical plan; up to 2 contributions maximum per year including the employee.
Employees whose start date is during the plan year will receive a pro-rated initial eligibility employer contribution. For example, if benefits are effective March 1st, the employee receives an initial eligibility contribution of $500.
Questions?
Please visit online at: www.flores247.com
Or call at: 800-532-3327