Plan Brochure - eHealthInsurance.com

Additional AdvantagesOf Having An HSA1) Contributions - Contributions to your HSA arenot taxed.2) Tax-Free - Withdrawals to pay for qualifiedmedical expenses are never taxed.3) Tax-Deferred - Interest earnings accumulatetax-deferred and if the interest is used to pay forqualified medical expenses, it’s never taxed.“Catch-up” ContributionsAlthough some people might not see it this way, there areso many perks available to you as you get older. For example,if you turn 55 years old or older during 2007, youmay make an additional $800 “catch-up” contribution toyour HSA account. And there’s more good news becausethis amount increases $100 annually until 2009. And in2009, you can add an additional $1,000 to your catch-upcontribution!What Do I Do If I Have An MSA?Administering The HSAWe want you to know we don’t offer tax advice aboutestablishing or managing an HSA. So, if you plan topurchase a BCBSGa HSA-compatible HDHP to use withan HSA, we encourage you to talk with your tax or legaladvisor to determine if:If you have an MSA, we want you to know federallegislation gives you the option to take the funds youcontribute to your MSA and roll them into an HSA.If you have any questions about the rollover of MSAfunds into an HSA, then please call your currenttrustee/custodian.• You’re eligible• Your HSA and HSA-compatible HDHP meetsall requirements• This is the best plan for youIn addition, any financial institution already approvedas an IRA or Medical Savings Account (MSA) trustee/custodian can be an HSA trustee/custodian.8