Health Savings Account (HSA)
The HSA is designed to help you pay for qualified medical expenses, including prescription drug, dental and vision expenses, such as deductibles, co-pays and coinsurance, on a tax-advantaged basis. You can also save and invest your HSA balance until you reach age 65. Go here to learn more about how the HSA works with your medical plan.
Company-funded contributions
When you open an HSA, Unilever makes an annual contribution based on your coverage level in addition to the pre-tax contributions you can make to this account yourself. HSA limits are set by the Internal Revenue Service, and apply to contributions made by both you and Unilever.
If you elect an HSA during annual enrollment for the first time (or as a new hire), you must open the account within 90 days of the new plan year (March 31) or you may not receive the HSA employer contribution ($500/$1,000 salaried; $900/$1,800 hourly).
Important: To receive your employer funding, you must confirm annually that you are eligible to participate in an HSA. This confirmation is required even if you opened an HSA in a prior year and have received employer funds in the past. Once you open an HSA, you must follow all of the steps to opening and activating your account. Any unused money carries over each year and is yours to keep — even if you change employers.
HSA contribution limits
| Employee Only | Employee + Child(ren) | Employee + Spouse | Employee + Domestic Partner* | Employee + Family | |
|---|---|---|---|---|---|
| 2025 Limit | $4,300 | $8,550 | $8,550 | $4,300 | $8,550 |
| Unilever Contributions: | Hourly: $900 | Hourly: $1,800 | Hourly: $1,800 | Hourly: $900 | Hourly: $1,800 |
| Salaried: $500 | Salaried: $1,000 | Salaried: $1,000 | Salaried: $500 | Salaried: $1,000 | |
| Wellness Incentive: | $300 | $300 | $300 | $300 | $300 |
| Spouse / DP Incentive: | N/A | N/A | $150 | $150 | $150 |
| Max. Contribution: | Hourly: $2,950 | Hourly: $6,200 | Hourly: $6,050 | Hourly: $2,800 | Hourly: $6,050 |
| Salaried: $3,350 | Salaried: $7,000 | Salaried: $6,850 | Salaried: $3,200 | Salaried: $7,000 |
*Per IRS regulation, domestic partners are not eligible for the HSA.
Eligibility requirements
You may open an HSA if all the following apply:
- You are enrolled in the UHC CDHP or medical plan.
- You are not enrolled in Medicare or Tricare.*
- You (or a family member) do not participate in a traditional Health Care Flexible Spending Account.
- You are not claimed as a dependent on another person’s tax return.
- You have no other health coverage except enrollment in a high deductible health plan.
*Certain exceptions apply for individuals covered under Tricare; please see IRS publication 969 for eligibility.
Health Savings Account eligibility confirmation
All employees enrolling in the UHC CDHP health insurance plan MUST verify they are eligible to hold a Health Savings Account (HSA). You must confirm your eligibility when you enroll, and each year during the Annual Enrollment window. Employees who do not confirm their eligibility to open an HSA will not receive the employer contribution in 2025. Learn more >
HSA investing
You can save cash for easy access and invest any savings not needed for current qualified medical expenses. The wide variety of investment options can potentially grow your balance for future qualified medical expenses, such as those in retirement. Federal taxes do not apply to HSA investment earnings when used for qualified medical expenses, and there is no minimum amount required to start investing.
Resources
Check out the 5 Ways HSA Can Fortify Your Retirement article to get started. For more information, details and videos regarding the HSA, please log on to netbenefits.com/unilever and select the Health Savings Account tile. You can also visit fidelity.com/healthsavingsaccount or call 1‑800‑544‑3716.