Health Saving Account (HSA)
A Health Savings Account (HSA) combines high deductible health insurance with a tax-favored savings account. Money in the savings account can help pay the deductible. And money left in the savings account earns interest and is yours to keep.
The HSA applies to the High Deductible medical plan.
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For 2025, you can contribute up to $4,300 as a single and $8,550 if you enroll as a family. Additionally, if you are age 55 or older, you are eligible to make a catch-up contribution of $1,000.
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You may elect to change your contribution amount at any time throughout the year! Click here for instructions.
For 2025, CFG will make a dollar-for-dollar contribution to your Health Savings Account, up to $15 per pay! That’s a total of $780 per year of free money from CFG.