Health
Savings Account

A Health Savings Account (HSA) is a tax-advantaged savings account where you can set aside pre-tax dollars to pay for qualified medical, dental, and vision expenses. You can fund your HSA directly through payroll deductions every pay period. The money in your HSA rolls over annually and grows tax-free, including interest and investment earnings. Since you own the account, it is portable– meaning you can take it with you should you ever leave Snowflake. You can also use the funds to cover healthcare expenses in retirement.

View a comprehensive list of eligible expenses

How much money can I put in it?

You can contribute up to the IRS annual maximum to your HSA.

In 2026, the limits are: 

• $4,400 for individual coverage
• $8,750 for family coverage (you + dependents)
• An additional $1,000 contribution is allowed at age 55+.

The IRS limits the amount you and Snowflake can contribute annually. Limits include both individual and Snowflake’s contributions.

Employees can begin investing their HSA funds at any time—there is no minimum balance required. Learn more about investing in your HSA (PDF).

To update your Health Savings Account contribution, please access your Empyrean profile (Access Empryean via Okta).

1. Select Change Your Current benefits
2. Select Change in Health Savings Account, Save and Continue
3. Choose the current date, agree to eligibility requirements, and Save and Continue.
4. Navigate to the HSA tile, and select Change.
5. The change effective date will default to the 1st of the following month. Make your new annual selection.
6. Click on Calculate cost, and I’m done with my selection.
7. Click on Save my election.
8. Click on I’m done with my selections.
9. Click Submit My Elections.
10. When you see the confirmation, you’ve completed the update. Save the confirmation # for your records.

• Eligibility for HSA: To be eligible for an HSA, an individual must be covered by a qualifying HDHP and not be covered by other non-HDHP health insurance.
• Spousal Coverage: If a spouse’s employer offers a family HDHP, both spouses can be covered under that plan, and both may be eligible to open and contribute to their own separate HSAs, even if they’re covered by the same HDHP.
• HSA Contribution Limits: Married couples who are both HSA-eligible and covered by a family HDHP share one family contribution limit. They can split this limit between their separate accounts in any way they agree upon.
• Benefits of Separate HSAs: Having separate HSAs allows spouses to potentially receive employer contributions to both accounts if both employers offer this benefit. While you can use funds from either HSA to pay for the other spouse’s qualified medical expenses, the individual accounts cannot be combined or rolled into each other.
• Important Note: The IRS treats married couples as a single tax unit for HSA contribution limits.

If two spouses are covered by the same family HDHP, their combined HSA contributions cannot exceed the family contribution limit, which is $8,750 for 2026. You cannot each contribute the full $8,750 amount, as this would exceed the family limit.