AN HSA CAN FIT YOUR LIFESTYLE
Who is more like you?
Whether you’re a new saver, saver/spender or super saver — an HSA can fit your lifestyle. See how Jack, Selena and Ella plan to use their PayFlex Individual HSA.
JACK
New Saver
| Age of HSA owner | 25 years old |
| Health plan coverage | Individual |
| Marital status | Single |
| Children | 0 |
| Annual household income | $45,000 |
| Annual HSA contribution | $1,000 |
| Annual HSA withdrawals | $100 |
| Annual investment amount | $0 |
SELENA
Saver/Spender
| Age of HSA owner | 35 years old |
| Health plan coverage | Family |
| Marital status | Married |
| Children | 2 |
| Annual household income | $85,000 |
| Annual HSA contribution | $4,000 |
| Annual HSA withdrawals | $1,000 |
| Annual investment amount | $2,000 |
ELLA
Super Saver
| Age of HSA owner | 45 years old |
| Health plan coverage | Family |
| Marital status | Married |
| Children | 1 |
| Annual household income | $150,000 |
| Annual HSA contribution | $7,100 |
| Annual HSA withdrawals | $0 |
| Annual investment amount | $6,500 |
NEW SAVER
Meet Jack
Jack is 25 years old and starting to get comfortable with saving. He has a high-deductible health plan with individual coverage. His tax filing status is single. Below are some details about his income, contributions, withdrawals and investments.
| Annual household income | $45,000 |
| Annual HSA contribution | $1,000 |
| Annual HSA withdrawals | $100 |
| Annual investment amount | $0 |
| Investment rate of return | Not applicable |
| Retirement age | 65 |
SAVING IS POSSIBLE
See Jack's estimated savings at retirement*
Health care savings
$36,000
Health care savings with investing
$36,000
SAVING EARLY CAN PAY OFF
Jack's savings journey
Each year, Jack contributes $1,000 to his HSA deposit account and spends about $100 on health care. He isn’t ready to invest yet. See how his HSA balance could grow over time.
HSA balance = $9,000
In 10 years, Jack’s HSA deposit account balance could grow to $9,000.
HSA balance = $18,000
Between age 35 and 45, Jack's HSA balance could increase $9,000.
HSA balance = $27,000
By age 55, Jack will have $27,000 in his HSA to spend on health care.
SAVER/SPENDER
Meet Selena
Selena is 35 years old. She's married and has two young children — that calls for a mix of saving and spending. She has a high-deductible health plan with family coverage. Her tax filing status is married, filing jointly. Below are some details about her income, contributions, withdrawals and investments.
| Annual household income | $85,000 |
| Annual HSA contribution | $4,000 |
| Annual HSA withdrawals | $1,000 |
| Annual investment amount | $2,000 |
| Investment rate of return | 7% |
| Retirement age | 65 years old |
WHAT COULD AN HSA DO FOR YOUR FAMILY?
See Selena's estimated savings at retirement*
Tax savings
$26,400
Health care savings
$90,000
Health care savings with investing
$232,146
CONTRIBUTE, SAVE AND INVEST
Selena's savings journey
Each year, Selena contributes $4,000 to her HSA. Her family spends about $1,000 on health care annually. She plans to invest $2,000 each year. See how her investment value and HSA deposit account balance could grow over time.
Combined account value
$17,307
By age 40, Selena plans to invest $10,000 of her HSA contributions. Her investment value could reach $12,307. Plus, she would have $5,000 in her HSA deposit account.
Combined account value
$68,776
By age 50, Selena plans to invest $30,000 of her HSA contributions. Her investment value could reach $53,776. Based on her spending and saving, her HSA deposit account balance would be $15,000.
Combined account value
$160,353
By age 60, Selena plans to invest $50,000 of her HSA contributions. Her investment value could reach $135,353. She’ll even have $25,000 in her HSA deposit account.
SUPER SAVER
Meet Ella
Ella is 45 years old. She's married and has one child. She's a super saver — only using her HSA as a savings vehicle for retirement. She has a high-deductible health plan with family coverage. Her tax filing status is married, filing jointly. Below are some details about her income, contributions, withdrawals and investments.
| Annual household income | $150,000 |
| Annual HSA contribution | $7,100 |
| Annual HSA withdrawals | $0 |
| Annual investment amount | $6,500 |
| Investment rate of return | 7% |
| Retirement age | 65 years old |
POWER IN INVESTING
See Ella's estimated savings at retirement*
Tax savings
$31,240
Health care savings
$142,000
Health care savings with investing
$297,124
INVESTING CAN BOOST YOUR SAVINGS
Ella's savings journey
Each year, Ella contributes $7,100 to her HSA deposit account and transfers $6,500 to her HSA investment account. See how her investment value could grow over time.
Combined account value
$42,996
In just five years, Ella plans to invest $32,500 of her HSA contributions. Her investment value could reach $39,996. She’ll keep $3,000 in her HSA deposit account.
Combined account value
$102,093
By age 55, Ella plans to invest $65,000 of her HSA contributions. Her investment value could reach $96,093. Plus, she’ll have $6,000 in her HSA deposit account.
Combined account value
$183,772
By age 60, Ella plans to invest $97,500 of her HSA contributions. Her investment value could reach $174,772. She’ll also have $9,000 in her HSA deposit account.
*The calculations are only an estimate and for illustrative purposes. Results are rounded to the nearest dollar. This does not contain legal, tax or investment advice. Your actual savings may differ due to factors like your actual health care expenses, contributions, account fees, interest earned, and investment results. Investing is optional. If you choose to invest, you need to have a minimum balance in your HSA. This is typically $1,000. You can invest any HSA funds over this minimum balance. You can find your minimum balance amount on the investments page of your online account.
footnote† State taxes apply to HSA contributions and earnings in CA and NJ.