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Principal Healthcare Savings Account belongs to Community ![]() by Nadine Spindler on Jul 24, 2008 - 02:46 PM read 161 times |
The HSA only applies to those enrolled with the Base Medical Plan
What is a Healthcare Savings Account?
- An HSA allows you to pay for eligible medical expenses on a pre-tax basis AND save for your future.
- nGenera will contribute $750 annually
- Deposits to your HSA will be made on a monthly basis - $62.50 per month
- Employees are also encourage to contribute through payroll deductions - Pre Tax
http://www.principal.com/hsaenrollment/hsa_intro.swf
Maximum annual employee contribution to HSA for 2008:
- 2,900 if you have individual coverage
- 5,800 if you have family coverage
A Limited Flexible Spending Account may still be elected to pay for vision, dental, and all other eligible expenses with pre-tax funds.
If you already have a Principal HSA account, you do not need to re-enroll.


