Health Savings Account (HSA)
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Health Savings Account (HSA)
Eligibility: Full-time associates enrolled in the HSA High Deductible Healthcare Plan
Provider: Health Equity
Enroll: https://ultabenefits.bswift.com/
If you’re enrolled in the HSA Medical Plan, you can save pre-tax dollars to pay for qualified medical expenses for you and your family by using a Health Savings Account (HSA).
All associates enrolled in the HSA Medical Plan are automatically signed up for a Health Savings Account. You must verify your identity with HealthEquity before your account is active.
Ulta Beauty contributes: $500/plan year for individual coverage or $1,000/plan year if you cover dependents, deposited quarterly.
Plan year: September 1 – August 31.
You can contribute up to $4,300 for associate only or up to $8,550 for family coverage per year, spread across remaining paychecks in the plan year. Age 55+ can contribute an additional $1,000 per plan year. When calculating your contributions, remember to account for any contributions Ulta is making on your behalf as well as any contributions your spouse may be making if they have their own HSA.
You’ll get a HealthEquity debit card to use your HSA funds like a regular account. See eligible expenses at healthequity.com/hsa-qme.
Funds roll over year to year, even if you change jobs or retire. You can invest your HSA like a 401(k).