Health Flexible Spending Accounts Health Reimbursement Arrangements & Health SavingsAccounts (HSA) Health FSA HRA HSA Yes Medical Plan Enrollment No HMO Blue New England $3,000 Yes Required? or Preferred Blue PPO Saver $2,900 Preferred Blue PPO $3,000 Who funds account? Employee ABC Company ABC Company & Employee $3,850 Ind / $7,750 Fam ABC Company contributes $300 for Individual and Maximum funding? $3,050 maximum $2,000 Ind / $4,000 Fam $600 for Family for the year. If you are 55 or older you can contribute an additional $1,000 per year. Eligible expenses? IRS sets; See FSAStore.com Medical Deductible IRS sets; See HSAStore.com Rollover unused funds? Yes; Up to $610 may be rolled over into No Unlimited the 2024 plan year. Election changes allowed? Only with a Qualifying Event Not applicable – no employee contributions Yes Subject to COBRA? Limited Yes No