Invest for Tomorrow. Save Tax-Free.
If you enroll in the Health Savings option of the UVA Health Plan, you'll automatically be enrolled in a Health Savings Account (HSA). An HSA lets you save and use tax-free money for eligible health care, prescription, dental, and vision expenses. Any unused funds roll over from year to year and remain yours to use for future eligible health care costs.
2027 contribution limits
Select your coverage level and indicate whether you are eligible for the age 55+ catch-up contribution.
Selected coverage
UVA’s contribution counts toward the IRS annual limit. Be sure to subtract UVA’s contribution when deciding how much to contribute through payroll.
All active, benefits-eligible employees enrolled in the Health Savings option are required to have an HSA. You must be eligible for an HSA in order to enroll in Health Savings. You are eligible for an HSA if:
Because UVA contributes to your HSA, a portion of your annual IRS contribution limit is already funded for you. After you receive the University contribution, you may contribute up to:
Anyone with a P.O. Box as their home address in Workday will have their request to open a health savings account rejected by Fidelity. It is a Patriot Act requirement to have a physical address on file before the HSA can be opened. Please verify your contact information contains your physical address within Workday during Open Enrollment.
You can use your pre-tax HSA funds for eligible health care, dental, vision expenses. If you use your Health Savings Account (HSA) card for non-medical expenses, the funds lose their tax-advantaged status, and you will generally owe income taxes plus a 20% penalty on the withdrawn amount.
If you are switching from UVA PPO or Choice Health to Health Savings and you have a Full Healthcare FSA, you must close your FSA. You will need to have a balance of $0.00 in your Full FSA by December 31 to open your HSA. Otherwise:
If you are enrolled in a Health Savings Account (HSA), you are not eligible for a Full Healthcare Flexible Spending Account (FSA), but you can enroll in a Limited and/or Dependent Daycare FSA to maximize your savings.
Your HSA balance rolls over from year to year, earns interest, and remains yours to keep—even if you leave UVA. You may also invest your HSA funds in a variety of investment options, including stocks, bonds, and mutual funds, for the potential to grow your account over time. Any investment earnings are tax-free when used to pay for eligible health care expenses.
The Open Enrollment process for all Postdoctoral Fellows (non-UVA employees) is managed through UVA Human Resources. For additional information specific to Postdoctoral Fellows, contact AskHR@virginia.edu with the subject line "Postdoc Fellow Benefits".
UVA_HR