CDHP/HSA and Local CDHP/HSA

• ★ If I have an HSA this year and switch to an FSA next year will I still have access to any remaining funds in my HSA account from the previous enrollment?
• ★ HSA Account Funds Deposit and FSA Previous Year Balance
• ★ I am an active employee enrolled in CDHP, what actions do I take to stay enrolled for next year?
• ★ Can I change from the CDHP to one of the PPO options next year and then rejoin the CDHP the following year?
• ★ Who is eligible for the CDHP?
• If I enroll in the CDHP and enter an annual contribution for my HSA, is the full amount available to me upfront?
• Is there a maximum amount that I can spend on my HSA debit card?
• Can I use my HSA debit card after I terminate employment?
• I will be eligible for Medicare next July and will be enrolling in Medicare. I am currently on the CDHP plan. Do I need to change my plan during Annual Enrollment or will that be a special qualifying event in July?
• Do the Funds in My HSA Accrue Interest?
• Can I opt out of accruing interest on my health savings account (HSA) funds?
• My spouse and I are both employed and eligible for HSA accounts. Can we have two HSA accounts in the same household?
• I have an HSA account under my previous employer. May I use old HSA funds from a previous employer to pay for qualified healthcare expenses while I am enrolled in my current PPO coverage?
• If I am eligible for VA Benefits, can I enroll in the CDHP plan?
• When looking at the CDHP and the HSA, it is best to consult a tax professional regarding your personal finances and the impact on your federal income taxes.
• HSA Form 8889
• Do I have to use PayFlex for my HSA?
• I’m currently enrolled in Employee Only CDHP coverage and recently got married. Can I add my spouse November 1 and contribute the maximum amount for a family HSA account for this year?
• I have an employee who is turning 65 next July. He will be taking Medicare. He is currently on the CDHP plan. Does he need to change his plan now or will that be a SQE in July?
• Can you postpone Medicare enrollment if you are still working in order to sign up for the CDHP plan and contribute to a HSA account?
• If my dependent child is on Medicaid (TennCare), can he or she be covered by the CDHP?
• If my spouse is on Medicare, can I choose the CDHP?
• Can I use the money in my HSA when I am receiving Medicare (Part A, B or D) benefits?
• What if I enroll in the CDHP and then enroll in Medicare Part A later in the plan year?
• Can I enroll in the CDHP if I have Medicare?
• Are the PayFlex HSA funds FDIC insured?
• Can my employer see my HSA account balance?
• If my spouse has insurance, can I use my HSA account for his/her expenses?
• Can I make post-tax contributions? And if so, will I get the tax benefit?
• What happens to my HSA when I die?