Each year, the Internal Revenue Service sets a limit on the before-tax contributions you can make to a Health Savings Account (HSA). For 2014, you can contribute $3,300 (individual) or $6,550 (family) to a HSA. The catch-up contribution will remain the same at $1,000 if you are or will turn age 55 or older in 2014. These limits include BMC contributions to your account.
| 2014 | 2013 | ||
|---|---|---|---|
| Contribution Limit (Yours and BMC’s) | Employee-Only Coverage | $3,300 | $3,250 |
| Other Coverage Levels | $6,550 | $6,450 | |
| Catch-Up Contributions (age 55 or older) | $1,000 | $1,000 |
Good to Know
MyBMC Rewards provides a snapshot of your pay, retirement benefits, health and insurance benefits and corporate programs. Visit MyBMC Rewards to:
Go online anytime or call 877-262-4849. Representatives are available from Monday through Friday, 8 a.m. to 9 p.m., Eastern time.
From enrollment reminders to important 401(k) information and benefits updates, you can be the first to know when your attention or action is required.