Medical Plan Information
- CDoug
- Category: Benefits
- Read Time: 1 min
- Hits: 186
Medical Plan Links:
Find Providers in your area: SelectHealth.org/find-care
Summary of Benefits: SelectHealth.org/sbc
HSA Information:
2024 Contribution Limits:
Individual: $4,150.00 Family: $8,300.00 Age 55+: Additional $1000.00
Qualified Medical Expenses: https://www.healthequity.com/hsa-qme
Penalty for Excess Contributions:
If you exceed contribution limits for an HSA or FSA, the excess amount will be subject to regular income tax. But that’s not all. An excise tax of 6% will also apply to any amount that is over the contribution limit.
If you find that you’ve exceeded your medical savings plan contribution limit, you can correct the mistake, as long as you withdraw the excess funds before the federal tax filing deadline. Don’t forget to withdraw any interest earned on the excess funds if you want to avoid additional taxes.
Mobile Apps:
 |
Select Health Mobile App
|
 |
Virgin Pulse Mobile App
|
 |
SWORKIT Mobile App
|
 |
Health Equity (HSA) Mobile App
|
Medical Plan Brochures:
