Health Savings Account (HSA)

You can use your HSA to pay for these health care expenses:

• Health plan deductibles and coinsurance
• Most medical care and services
• Dental and vision care
• Prescription drugs and insulin
• Medicare premiums (if age 65 or older)

Follow these two steps to get started:

1. Enroll in one of the HS Plans—Basic, Standard, or Premium.
2. Elect your HSA through Benefitsolver, and select how much you'd like to contribute.

To speak with a consultant, call (800) 603-4015.

You can make pretax or after-tax contributions to your account.

• Pretax contributions are deducted automatically from your paycheck. You can change your contribution amount at any time during the year.
• You can also make after-tax contributions by submitting a check or transferring funds online. After-tax contributions are tax deductible until you reach the maximum contribution limit.

You can also transfer savings from another HSA or make a one-time qualified HSA funding distribution from an IRA.

To make changes to your contributions, visit Benefitsolver.

• From work: Visit the Benefits SharePoint webpage and click on "Benefitsolver."
• From home: Log in to Benefitsolver with your Benefitsolver username and password. If this is your first time using the portal, select “First Time Here” and register as a new user. Company Key is "Synopsys."

Maximum contribution limits are set by the IRS and may vary each year. Note: If you’re age 55 or older, you can make an additional catch-up contribution of $1,000.

You can increase or decrease the contributions to your HSA at any time during the year.

For detailed summaries and legal disclosures, visit the Legal Notices page.

• 4 Things to Know About a Health Savings Account (HSA)
• How to Make the Most of Your HSA
• Types of Qualified Medical Expenses (QME) Your HSA Can Cover