Important Information for New HSA Participants

All financial institutions are required by federal law to obtain, verify and record information that identifies each person who opens a Health Savings Account. This information will be verified when you go online to create/activate your account with the health savings account vendor (Optum).

500 Internal Server Error

Internal Server Error

The server encountered an internal error and was unable to complete your request. Either the server is overloaded or there is an error in the application.

You will not be able to access your Health Savings Account until your identity is verified by the benefit administrator (Optum) and you have created/activated your online account.

Initial Account Setup

Go online to mycdh.optum.com and follow the prompts for Participant Login and to create your new username and password or go directly to HSA New User Login.

Enter your First Name, Last Name, Zip Code, and Social Security Number (SSN) to begin the identity verification and account creation process.

A Health Savings Account (HSA) is a funding program that allows you to put money aside for eligible medical care expenses tax-free.  Unlike the flexible spending account, a HSA allows you to “roll-over” unused dollars into the next year.  There is no “use it or lose it” provision.  Furthermore, your funds can be invested and grow much like the funds in a retirement account.  Earnings are tax-free.

500 Internal Server Error

Internal Server Error

The server encountered an internal error and was unable to complete your request. Either the server is overloaded or there is an error in the application.

  • Must be enrolled in the HDHP medical plan
  • Must not be enrolled in Medicare
  • Must not be covered by other medical insurance
  • Must not have received VA medical benefits at any time in the past three (3) months
  • Spouse is not contributing to/participating in a general-purpose FSA through his/her employer

Eligible employees may contribute up to the limits established by the federal government.  If contributions are made through payroll deductions, they will be made pre-tax.  Participants will receive IRS forms 5498 and 1099 to aid in tax preparation.  The participant is responsible for documenting that all withdrawals have been used for qualified medical expenses and they will be liable for state and federal taxes if the expenses were not qualified medical expenses.

The money in your account is yours as soon as it is deposited into your account.  You can change your HSA contribution at any time by logging into the Benefits Portal.  You can use your HSA to pay for qualified expenses for your dependent family members even if they are not on your health insurance.  You can change health care coverage or change jobs in the future and still keep the money in your account.


HSA Contribution Limits

HDHP Coverage Contribution Limit 2019 Contribution Limit 2020 Contribution Limit
2020 if 55+
Employee $3,500 $3,550 $4,550
Employee + (1) $7,000 $7,100 $8,100
Employee + (2+) $7,000 $7,100 $8,100

Health Savings Account (HSA) Funding

.75 FTE and above Level 1 Level 2 Level 3
MAC EE MAC EE MAC EE
Employee $100.00 $0.00 $121.75 $21.75 $143.50 $43.50
Employee + (1) $200.00 $0.00 $243.50 $43.50 $287.00 $87.00
Employee + (2+) $200.00 $0.00 $243.50 $43.50 $287.00 $87.00
.50-.74 FTE Level 1 Level 2 Level 3
MAC EE MAC EE MAC EE
Employee $80.00 $0.00 $90.88 $10.88 $101.75 $21.75
Employee + (1) $160.00 $0.00 $181.75 $21.75 $203.50 $43.50
Employee + (2+) $160.00 $0.00 $181.75 $21.75 $203.50 $43.50

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