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Office of Human Resources

Health Savings Account (HSA)

A Health Savings Account (HSA) is a tax-advantaged savings account available to eligible individuals enrolled in a High Deductible Health Plan as defined by the IRS (i.e. YOUR HSA-Eligible Plan). An HSA allows accountholders to save tax-free dollars to pay for out-of-pocket qualified medical expenses (as defined by the IRS) incurred once the account is open.

Note: Individuals represented by collective bargaining agreements receive benefits in accordance with those agreements.