Check your Health Savings Account (HSA) contributions and plan for 2025
It’s a great time to examine your Health Savings Account (HSA) contributions and make any adjustments ahead of 2025.
HSA benefits
As a ¶¶ÒõÂÃÐÐÉä Health Plan — High Deductible member, your HSA is an important tool in planning for future health care needs. Maintaining an HSA allows you to reduce your tax liability by saving pre-tax money to be spent on eligible medical expenses.
You can even earn interest on your savings with optional investments. And all of it is yours until the money is needed — even if you leave the university.
Update contributions
You can update your HSA contributions through the anytime between now and 5 p.m. (MST) Friday, Dec. 6. Your changes will be effective Jan. 1, 2025.
While you can adjust contributions at any time, Employee Services recommends reviewing and updating your HSA contributions each year as contribution limits change.
Contribution limits for 2025:
- Individual - $4,300
- Individual - (age 55 or older) - $5,300
- Family - $8,550
- Family (age 55 or older) - $9,550
Please note: You may not contribute to an HSA if enrolled in any part of Medicare, including A, B or D. To learn more, please visit .
Taking advantage of the open enrollment period allows you to:
- Make easy changes in the employee portal instead of submitting paperwork.
- Implement your desired changes at the start of the new year.
- Evenly distribute contributions across the calendar year.
and use resources to determine your monthly contributions.