Assurant Health Helps You Save
HSI: Health Savings Illustrator
How much could you save in an HSA account in 2 years? 10 years? by retirement? HSI from Assurant Health shows you! The answer depends on your age, how much you deposit and how much you use. Review the sample highlighted cells below. Contact your local insurance agent for an HSI demonstration on how much you can save.
| Health Savings Illustrator |
| Funds Used (%) |
|
0% |
25% |
50% |
100% |
| Year 1 |
$5,000 |
$3,750 |
$2,500 |
$1,250 |
| Year 2 |
$10,000 |
$7,500 |
$5,000 |
$2,500 |
| Year 5 |
$25,000 |
$18,750 |
$12,500 |
$6,250 |
| Year 10 |
$50,000 |
$25,000 |
$25,000 |
$12,500 |
| Employee age 65 |
$122,666 |
$91,999 |
$61,333 |
$30,666 |
The Health Savings Illustrator shows how an HSA may work. Illustrated results assume:
- Current regulation of HSAs, including allowable contribution amounts, remains unchanged.
- Each individual remains HSA-eligible to age 65 and then enrolls in Medicare.
- Annual interest is applied to average annual account balance.
- Individual and spouse make maximum catch-up amounts to separate accounts beginning at age 55.
- Funds withdrawn to pay eligible expenses do not add to accumulated funds.
Interest rates are not guaranteed. Your experience may vary.
HSAs are not a pension or retirement plan. HSAs should not be purchased in lieu of a qualified pension or retirement plan.
This is not tax or legal advice, which should only be sought from a qualified professional advisor.
See how easy it is to get an HSA
Act now to take advantage of this great new way to cover your healthcare costs!
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