Save on Taxes

HSAs OFFER TAX SAVINGS

• Contributions: The money you contribute to your HSA is federal^* tax-deductible up to the annual contribution limit
• Earnings: Interest you may earn on your HSA grows income tax-free
• Distributions: Any money you take out of your HSA to pay for qualified medical expenses is income tax-free

^* State tax treatment varies

Information Videos

• Tax Time and Your Optum Bank HSA (6:06 minutes)

Additional Resources

• Information Videos
• Calculate your tax savings
• Internal Revenue Service