Tax advantaged medical savings account available to those employees enrolled in a PEBB Consumer Driven Health Plan (CDHP). PEBB requires mandatory enrollment in Health Equity to receive CDHP plan contributions. Employee and County contributions are initially made to the employee's Key Bank HSA account. Once the Health Equity account is open, employees have the option of directing funds to either account.
IRS maximum employer/employee contribution amounts are:
2021Single: $3600
Family: $7200
Additional $1000 Catch Up contribution for those 55 and older allowed for each contribution limit
www.keybank.com
www.healthequity.com