How to Enroll
You can contribute straight from your paycheck to your HSA—tax-free. HSAs also grow tax-free, so investing is a prime way to maximize your HSA funds. A family HSA’s annual tax savings potential is $1,550, and an individual’s is $770. On top of excellent tax-benefits, HSAs funds roll over annually and remain in your possession even after a job change. Start saving today.
How to Use your HSA
Taking Advantage of you HSA:
- Contribute what you would have spent on a high premium to your HSA.
- HSA members don’t pay co-pays.
- HSA funds can pay for prescriptions.
- HSAs cover approved medical expenses tax-free. These even include items such as bandages and vitamins. “Pro-tip: Type ‘HSA’ into your Amazon search box to see a variety of HSA eligible products.”
- Invest your HSA funds and let them grow tax-free.
HSA Best Practices
Make the most of your HSA:
- Your employer can contribute to your HSA.
- You can change your HSA contribution amount at any time.
- HSAs do not require a minimum distribution.
- Even if you used a non-HSA card on a medical expense, you can still receive a tax-free reimbursement down the road.
- Your HSA can transfer to your spouse after you pass without tax implications.
MotivHealth Insurance Company
844-234-4472 | MEDICAL
385-247-1030 | PHARMACY
385-308-4400 | EMPLOYERS
385-308-4410 | MOTIVNET – Contract
10421 S Jordan Gateway, Ste. 300
South Jordan, UT 84095
