Health Savings Account (HSA) Calculator

To contribute to an HSA, you:

Must be covered by a qualified, high-deductible health plan that meets regulatory requirements
Cannot be covered by other, non-qualified insurance coverage
May not be enrolled in Medicare benefits
May not be claimed as a dependent on someone else's tax return

Your contribution year, type of health coverage, and age determine how much you can contribute to an HSA.

What year do you plan to contribute to your HSA?

2012 2013

What type of health coverage do you have?

Single Family

Are you age 55 or older?

Yes No

Maximum you are eligible to contribute for the selected calendar year:

How much do you want to contribute to your HSA? Here are a few things to consider:

You can use this money to pay for eligible medical expenses tax-free.
Any unused contributions in an HSA automatically roll over to the next year, allowing you to use them for future medical expenses.

Your planned contribution:

Note: Your planned contribution cannot exceed the maximum calculated in Step 1.

Select your federal tax rate to determine how much you'd save on taxes by contributing the amount in Step 2 to your HSA.

What is your Federal tax rate?

Your tax savings*:

* Based on the Federal Tax Rate selected plus 7.65% FICA. Additional state tax savings may apply, and vary by state.