Health Savings Accounts, or HSAs, are a popular health care savings tool.
You can elect an HSA if you choose the Health Care Savings Medical Plan. HSAs cannot be elected with the PPO plan. Please note, that Equity Partners and employees enrolled in any part of Medicare are not eligible for the HSA and firm-provided contribution.
In 2025, Benesch will make a contribution to your HSA: $500 employee/$1,000 family, paid in two increments (Jan. 15 pay and July 15 pay*). Beginning in 2026, employees will be able to earn the firm-provided contribution by completing wellness activities.
*If you are hired between Jan. 2, 2025 and July 1, 2025, you will receive your HSA contribution in two increments in the July 15, 2025 pay and Jan. 15, 2026 pay.
*If you are hired between July 2, 2025 and Jan. 1, 2026, you will receive your HSA contribution in two increments in the Jan. 15, 2026 pay and July 15, 2026 pay.
Just like regular savings accounts, money can accumulate year after year and earn interest. HSA funds can be used to pay for eligible out-of-pocket health care expenses—for you, your spouse, or your dependent children. Best of all, the money in your HSA always belongs to you, even if you retire or change employers.
Triple Tax Benefit
- Contributions made on a pre-tax basis
- Funds grow tax-free
- Tax-free withdrawals for qualified expenses
Eligible HSA Expenses
- Office visits
- Prescription drugs
- Immediate care clinic visits
- X-rays
- Lab work
- Dental
- Vision
- Certain over-the-counter medications
Find a complete list of eligible expenses on irs.gov.
This plan is subject to IRS guidelines. If your income is equal to or above the IRS highly compensated threshold, your contribution elections may be reduced.
2025 Contribution Limits
When you enroll in an HSA, you’ll determine how much you want to contribute annually within the IRS limits. We’ll automatically deduct the amount from your paycheck over the course of the year and deposit it directly into your HSA each pay period. You have the ability to change your HSA contribution any time throughout the year.
| Coverage | 2025 |
|---|---|
| Employee | $4,300 |
| Family | $8,550 |
The firm-provided contribution counts toward the annual HSA contribution limit set by the IRS, so any contributions you make need to take into account the funds you'll receive from Benesch.
If you’re 55 or older, you can make an additional catch-up contribution of up to $1,000. This is something many people choose to do as they prepare for retirement. Please note, that Equity Partners and employees enrolled in any part of Medicare are not eligible for the HSA and employer contribution.
Log on to Fidelity
- Visit 401k.com
- If you don’t have an account yet, you’ll need to provide your name, date of birth and the last 4 digits of your SSN.
