Skip to main content

TAX SAVINGS 2017
Employee Contribution

~~~~~~~~~~~~~~~~~~~~~~~~~~

Depending on the health plan you choose in 2017, you may be eligible to contribute tax free dollars into a tax savings account in your name.  It is important that you understand how these plans work, in order to maximize your cost savings, and access your contributions. 

~~~~~~~~~~~~~~~~~~~~~~~~~~

ELECTING NO COVERAGE

If you do not have a medical insurance plan through Dartmouth College in 2017, you may be eligible for an employer contribution to a Health Care Flexible Spending Account (HCFSA)with Crosby Benefits, but are also eligible to contribute to the same HCFSA with Crosby Benefits, which can be used to pay for eligible medical expenses for you and your IRS dependents.

Employee Contribution:

  • Single: Up to $2,250 (HCFSA)
  • Family of two or more: Up to $2,250 (HCFSA)

Eligible employees:  Only Research Associate B's and Research Fellows are not eligible to contribute to an HCFSA, due to IRS guidelines that surround their grant funding. If your spouse is contributing to a Health Savings Account (HSA) at the same time, you will want to consult a tax professional to review IRS guidelines around contributing to both types of plans in the same calendar year.

 

OPEN ACCESS PLUS (OAP)

If you choose the OAP plan in 2017, you may be eligible for an employer contribution to a Health Care Flexible Spending Account (HCFSA) with Crosby Benefits, but are also eligible to contribute to the same HCFSA with Crosby Benefits, which can be used to pay for eligible medical expenses for you and your IRS dependents.

Employee Contribution:

  • Single: Up to $2,250 (HCFSA)
  • Family of two or more: Up to $2,250 (HCFSA)

Eligible employees:  Only Research Associate B's and Research Fellows are not eligible to contribute to an HCFSA, due to IRS guidelines surrounding their grant funding. If your spouse is contributing to a Health Savings Account (HSA) at the same time, you will want to consult a tax professional to review IRS guidelines around contributing to both types of plans in the same calendar year.

 

CIGNA CHOICE FUND (CCF)

If you choose the CCF plan in 2017, you will automatically receive an employer contribution to a Health Reimbursement Account (HRA) with Cigna Health, but you are also eligible to contribute to a Health Care Flexible Spending Account (HCFSA) with Crosby Benefits, which can be used to pay for eligible medical expenses that the HRA does not pay for.

Employee Contribution:

  • Single: Up to $2,250 (HCFSA)
  • Family of two or more: Up to $2,250 (HCFSA)

Eligible employees:  Only Research Associate B's and Research Fellows are not eligible to contribute to a HCFSA due to IRS guidelines surrounding their grant funding. J1 Visa holders are not eligible to enroll in the Cigna Choice Fund plan due to IRS regulations. If your spouse is contributing to a Health Savings Account (HSA) at the same time, you will want to consult a tax professional to review IRS guidelines around contributing to both types of plans in the same calendar year. 

 

HIGH DEDUCTIBLE HEALTH PLAN (HDHP)

Whether you use Dartmouth Health Connect, will dictate which tax savings program Dartmouth is allowed to put money into.  This is due to IRS guidelines that view Dartmouth Health Connect as another form of health insurance.

I am a Dartmouth Health Connect Patient

If you choose the HDHP plan in 2017, and are a Dartmouth Health Connect Patient, you will automatically receive an employer contribution to a Health Reimbursement Account (HRA) with Cigna Health, but you are also eligible to contribute to a Health Care Flexible Spending Account (HCFSA) with Crosby Benefits, which can be used to pay for eligible medical expenses that the HRA does not pay for.

Employee Contribution:

  • Single: Up to $2,250 (HCFSA)
  • Family of two or more: Up to $2,250 (HCFSA)

Eligible employees: Dartmouth Health Connect Patients enrolled in the HDHP.  Research Associate B's and Research Fellows are not eligible to contribute to a HCFSA due to IRS guidelines surrounding their grant funding. J1 Visa holders are not eligible to enroll in the HDHP due to IRS regulations. If your spouse is contributing to a Health Savings Account (HSA) at the same time, you will want to consult a tax professional to review IRS guidelines around contributing to both types of plans in the same calendar year.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

I am not a Dartmouth Health Connect Patient

If you choose the HDHP plan in 2017, and are not a Dartmouth Health Connect Patient, you will automatically receive an employer contribution to a Health Savings Account (HSA) with Fidelity, but you are also eligible to contribute to the same Health Savings Account (HSA), which can be used, to help pay for eligible health care expenses for you and your IRS Dependents through retirement:

Employee Contribution:

  • Single: $2,900 (HSA)
  • Family of two or more: $5,750 (HSA)
  • Catch-up contribution for age 55+:  $1,000 (HSA)

Eligible employees: All non-Dartmouth Health Connect Patients, enrolled in the HDHP. Research Fellows are not eligible to contribute to a HSA due to IRS guidelines surrounding their grant funding.  J1 Visa holders are not eligible to enroll in the High Deductible Health plan due to IRS regulations.  If your spouse is contributing to a HCFSA at the same time, you will want to consult a tax professional to review IRS guidelines around contributing to both types of plans in the same calendar year.

 

EMPLOYER CONTRIBUTION

Click on the box below, for more information on how the employer contributions break out per plan.

Click here for more information

Last Updated: 11/11/16