Health Savings Account (HSA) Member Guide - CareFirst
https://employer.carefirst.com/carefirst-resources/pdf/hsa-member-guide-cst4272.pdf
Why CareFirst BlueFund HSA?What is a high-deductible health plan (HDHP)?Tax savingsWhat is an HSA and how does it work?Who is eligible for an HSA?How is an HSA funded?How do I pay for qualified expenses?Visit carefirst.com/myaccount to:What documentation should I keep?How to Access your BlueFund HSAExcess contributionsWhat if I have more than one HSA?What if my spouse also has an HSA?When can I contribute to my HSA?What if I didn’t have an HDHP for the entire calendar year?Can my spouse make a catch-up contribution if they are over 55?I’m enrolled in the HDHP with individual coverage. Can I use my HSA for my dependent’s qualified medical expenses?How to Contribute to your HSASet up direct deposit from your paycheckMake a one-time depositSchedule a recurring depositBase BalanceAccount interest crediting rates for HSA accountsSchwab Self-Directed Brokerage Investment Account feesMutual fund fees and chargesRedemption feesSchwab mutual fund feesPlan expense paymentsStrategy 2: Keep funds in the HSAStrategy 3: Invest HSA fundsQ: Are my investment accounts part of my HSA?Q: How do I request a withdrawal when I have an active investment account?Q: My spouse and I turn 65 this year and will sign up for Medicare. Can we still use the money in our HSA?Q: Do I have to make all contributions before my 65th birthday?Q: I am enrolled in Medicare and have money remaining in my HSA. What happens to these funds?CareFirst BlueCross BlueShield and CareFirst BlueChoice, Inc. (collectively, “CareFirst”) ofer BlueFund plans to give you more control over your health care dollars. CareFirst BlueFund plans combine a high-deductible health plan (HDHP) and a health savings account (HSA).See more on employer.carefirst.comFile Size: 1MBPage Count: 12 CareFirst BlueCross BlueShield and CareFirst BlueChoice, Inc. (collectively, “CareFirst”) ofer BlueFund plans to give you more control over your health care dollars. CareFirst BlueFund plans combine a high-deductible health plan (HDHP) and a health savings account (HSA). File Size: 1MB Page Count: 12
CareFirst BlueCross BlueShield and CareFirst BlueChoice, Inc. (collectively, “CareFirst”) ofer BlueFund plans to give you more control over your health care dollars. CareFirst BlueFund plans combine a high-deductible health plan (HDHP) and a health savings account (HSA).
File Size: 1MB
Page Count: 12
DA: 24 PA: 74 MOZ Rank: 80
