State continues to contribute to Health Savings Account
The state will continue to contribute the same amounts to your HSA in 2025. The initial contribution will be made on your January 15, 2025, paycheck. Employees enrolled in a CDHP effective from January 1, 2025, through June 1, 2025, receive the full pre-fund amount. CDHPs effective after June 2, 2025, but before December 2, 2025, receive one-half of the initial contribution. The initial pre-fund contribution is based on the coverage type (single/family) that is effective January 1, 2025, or your first day of coverage in a state health plan during 2025.
| Plan | Initial Contribution | Bi-Weekly Contribution | Annual Employer Contribution |
|---|---|---|---|
| HSA 1 - Single | $562.38 | $21.63 | $1,124.76 |
| HSA 1 - Family | $1,124.76 | $43.26 | $2,249.52 |
| HSA 2 - Single | $393.90 | $15.15 | $787.80 |
| HSA 2 - Family | $787.80 | $30.30 | $1,575.60 |
Eligibility
As a reminder, to be eligible for an HSA you:
- Must be currently enrolled in an HSA-qualified health plan;
- May not be enrolled in any other non-HSA qualified health plan;
- May not have, or be eligible to use, a general purpose Flexible Spending Account (FSA);
- Cannot be claimed as a dependent on another person’s tax return;
- May not be enrolled in Medicare, Medicaid, HIP or Tricare.
View IRS Publication 969 for more information.
HSAs have a maximum contribution limit
Contributions are allowed up to the maximum statutory limit. For 2025, the maximum annual contribution amount is $4,300 for single policies and $8,550 for family policies. Individuals age 55 and over may make an additional catch up contribution of up to $1,000.
Combined household contributions cannot exceed the family limit. The maximum includes the state’s contributions and any other contributions to your HSA.
| Plan | Coverage | IRS Maximums | State Contribution | Maximum Employee Contribution | Maximum Bi-Weekly | Maximum Employee Contribution Over 55 | Maximum Bi Weekly Over 55 |
|---|---|---|---|---|---|---|---|
| HSA 1 | Single | $4,300 | $1,124.76 | $3,175.24 | $122.12 | $4,175.24 | $160.59 |
| HSA 1 | Family | $8,550 | $2,249.52 | $6,300.48 | $242.33 | $7,300.48 | $280.79 |
| HSA 2 | Single | $4,300 | $787.80 | $3,512.20 | $135.08 | $4,512.20 | $173.55 |
| HSA 2 | Family | $8,550 | $1,575.60 | $6,974.40 | $268.25 | $7,974.40 | $306.71 |