HSA Resource Center

Deposit & Invest

How Much Can You Contribute?

Contribution opportunities are based on your medical plan coverage level per the chart below. The combined contributions from ALL sources (including Oracle’s contribution) cannot exceed the stated limits. If you and your spouse are both age 55 or above you can both contribute an additional $1,000. However, your spouse must have his/her own health savings account (HSA) to contribute the additional $1,000. As an Oracle employee, you can contribute $1,000 of catch up contributions to your account - not $2,000.

Medical Plan Election
Coverage Level
Contribution Maximum
(Excluding Catch-Up)
Contribution Maximum
(Including Catch-Up)
2021
Employee Only $3,600 $4,600
Employee + One $7,200 $8,200
Family (Employee/Spouse/Children) $7,200 $8,200
2020
Employee Only $3,550 $4,550
Employee + One $7,100 $8,100
Family (Employee/Spouse/Children) $7,100 $8,100

Note: The contribution limits are determined by the IRS and are subject to change each year.


Oracle’s Annual HSA Contribution
Medical Plan Coverage Level Benefits Salary < $75K Benefits Salary* $75K - $150K Benefits Salary* $150K +
2021
Employee $950 $650 $350
EE + Spouse $1,450 $1,000 $550
EE + Child(ren) $1,450 $1,000 $550
Family $1,900 $1,300 $700
2020
Employee $950 $650 $350
EE + Spouse $1,450 $1,000 $550
EE + Child(ren) $1,450 $1,000 $550
Family $1,900 $1,300 $700

Note: The middle tier applies to salaries $75k to $150 (inclusive). The third tier applies to salaries of $150,000.01 and above. Click here for more information.


Invest your Health Savings Account (HSA)

Your HSA contributions are held in your own individual interest bearing account at Optum Bank. Once your balance reaches $2,000, you have an opportunity to grow your money further by investing a portion of your savings in Optum Bank‘s mutual fund offerings.
Learn about your HSA Investment Opportunities.

Information Videos

Optum Bank Schedule of Fees

Oracle pays the monthly account maintenance fee on behalf of active Oracle employees currently enrolled, or previously enrolled in the HSA Medical Plan. Oracle does not cover this fee for Terminated employees or COBRA continuants.
Other bank fees are your responsibility and are subject to change.