Sinclair

Health Savings Account

Provider: HSA Bank
Customer Service Number: (800) 357-6246
Website: www.hsabank.com

A Health Savings Account (HSA) is a personal bank account that you can use to pay for qualified healthcare expenses with pre-tax dollars.

You are eligible to open and fund an HSA if:

  • You are covered by an HSA eligible High Deductible Health Plan
  • You are not covered by your spouse’s health care flexible spending account (FSA) or health reimbursement arrangement (HRA)
  • You cannot be claimed as a dependent on another’s tax return
  • You are not enrolled in Medicare

Advantages of participating in a Health Savings Account include:

  • Tax Savings – You can contribute pre-tax dollars to the HSA through payroll deduction. Interest accumulates tax-free and funds are tax-free to withdraw for medical expenses.
  • Reduce your out-of-pocket costs – You can use the money in your HSA to pay for eligible medical expenses and prescriptions. The HSA funds you use can help you satisfy your plan’s annual deductible.
  • Invest the funds and take them with you – Unused account dollars are yours to keep even if you retire or leave the company. Additionally, you can invest your HSA funds, so your available health care dollars can grow over time (minimum balance required).
  • The opportunity for long-term savings – Save unused HSA funds from year to year – money you can use to reduce future out-of-pocket health expenses. You can even save HSA dollars to use after you retire.

IRS HSA Funding and Limits:

The 2026 IRS maximum contributions including employer contributions for these accounts are:

  • $4,400 for individual coverage
  • $8,750 for family coverage
  • Individuals age 55 or older may make an additional catch-up contribution of up to $1,000

How to change your HSA contribution:

Access BenefitSolver in one of the ways listed below:

  1. Log on to The Bridge and select the Benefits Icon on the home page
  2. Click on sinclairenrollment.com
    • If you are inside the Sinclair domain you will automatically be logged in through single sign on
    • If you are outside of the SInclair domain you will need to register an account using the Company Key: sinclair
  3. From the BenefitSolver website select the icon to “Change My Benefits”
  4. Click on > Life Event.
  5. Select “Update HSA Election”
  6. Enter the effective date of the change and progress through the enrollment until you have confirmed the intended change.