A Health Savings Account (HSA) is a tax-advantaged account that helps you pay for qualified medical expenses.
System Automation contributes to your HSA account! Monthly contributions totaling $1,375 (individual) and $2,750 (individual + dependents) will be paid during the calendar year to all active employees enrolled in SA's medical plan. (Contributions will be deposited into your Optum Bank HSA.)
You can contribute additional amounts up to the maximum annual contribution amount: $3,500 for employee-only; $7,000 for employee plus dependent(s). If you are age 55+, you can make an additional catch-up contribution of $1,000.
Note: the HSA contribution limit is the combined total of employee and employer contributions.