COVID-19 CARES Act FSA/HSA OTC Expenses
A Health Savings Account (HSA) allows you to set aside a portion of your income, on a pre-tax basis, to pay for out-of-pocket healthcare expenses. Contributions made to an HSA are deducted from your pay before federal, state or social security taxes are calculated, which reduces your taxable income. Wittenberg partners with Chard Snyder to administer the Health Savings Accounts.
Required Documents
- HSA Custodial Agreement
- HSA Electronic Disclosure
- 2023 HSA Contribution/Change form
- HSA notice to Medicare eligible employees
Helpful Documents & Videos
- Chard Snyder HSA Overview
- Chard Snyder HSA Welcome flyer
- Chard Snyder HSA Beneficiaries
- Chard Snyder Mobile App flyer
- Chard Snyder HSA Tax Documents & Statements
- Chard Snyder HSA transfer flyer
- Chard Snyder HSA transfer request form
- HSA's and Medicare
- USI - What is a Health Savings Account (HSA)
- USI - HSA Q&A Flyer
- Link to IRS publication on HSA's and other tax-favored accounts
- Short video on HDHP (aka CDHP) to become familiar with how this type of healthcare plan works