Page History
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| Note |
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Contributions that Reliant sends to our HSA provider may take up to 5 business days from the date of the pay day to be available for use. Funds may appear on the Highmark site, but there may be an additional delay in accessing those funds for debit card purchases. |
Medicare Enrollment and HSA Restrictions
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Upon reaching Age 65, if you decide to delay enrolling in Medicare, you must notify Reliant with your expected enrollment date at least 6 months prior to enrolling in Medicare so that we can cease your HSA contributions. This is because when you enroll in Medicare Part A, you receive up to six months of retroactive coverage, not going back farther than your initial month of eligibility. If you do not stop HSA contributions at least six months before Medicare enrollment, you may incur a tax penalty.
Contribution
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Amounts
Coverage Level | ER Contribution | Ministry Expense Bonus for EE Contribution |
|---|---|---|
| Employee | $25 | $25 |
| Employee + Spouse Employee + child(ren) | $50 | $50 |
Family | $75 | $100 |
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