Health Savings Account (HSA)
The HSA is a savings account used to pay for qualified medical expenses directly with your HSA debit card or to reimburse yourself at any time for medical expenses paid out of pocket.
Save for healthcare expenses today and in the future with a Health Savings Account (HSA). When enrolled in the HSA Medical Plan (a High Deductible Health Plan or HDHP), you can contribute pre-tax dollars, receive contributions from Dealer Tire, and enjoy tax-free growth and withdrawals for eligible healthcare expenses. DTFOC contributes to your HSA each pay period, helping fund the annual amount over the course of the year.
You must enroll in your HSA every year to contribute. Your FSA plan options are shown below.
Your Contributions
Your contribution to an HSA is entirely voluntary and can be adjusted based on your individual needs and financial goals. Contributions are made on a pre-tax basis and the IRS poses limits on the amount you can contribute. For 2026, the IRS contribution limits are:
• $4,400 individual and $8,750 family
• For those 55 and older, you have a $1,000 catch-up contribution
DTFOC’s Contribution
To be eligible for the DTFOC employer contribution, you are required to make an annual minimum contribution of $52 to your Health Savings Account.
• Employee only: Up to $500 annually
• Employee and spouse: Up to $1,000 annually
• Employee and child(ren): Up to $1,000 annually
• Family: Up to $1,000 annually
What Are Eligible Expenses?
The IRS maintains a list of all eligible expenses. Common qualified expenses include acupuncture, ambulance services, dental treatments, contact lenses, doctor’s fees, and hearing aids. Click to view the complete list of qualified expenses:
https://www.irs.gov/publications/p502/index.html.
HSA Major Benefits
- Funds always belong to you
- Funds always roll over from year to year
- Lowers your taxable income
- Helps you build a healthcare nest egg for emergencies or retirement
HSA Triple Tax Savings
- Tax deduction when you contribute to your account
- Tax-free earnings through investment
- Tax-free withdrawal for qualified medical expenses
| 2026 HSA Funding Limits | |
|---|---|
| Coverage | Limit |
| Individual Coverage | $4,400 |
| Family Coverage | $8,750 |
| Age 55 or Older | Contribute an additional $1,000 on top of these amounts |
Opening an HSA
We partner with Fidelity to administer our HSA program. Find information about your HSA at netbenefits.com or call 800.544.3716. You will receive a welcome kit in the mail including your new HSA debit card. If you do not receive this, please reach out to Fidelity for further instructions. HSA dollars will be available in your account once deposits have occurred. Employer and employee contributions are pulled each paycheck.
HSA Eligibility
You may open and contribute pre-tax dollars to an HSA under the following circumstances:
- Enrolled in an IRS qualified high deductible health plan (HDHP)
- Not enrolled in a traditional PPO plan through your spouse or other employer sponsored plan options
- Not enrolled in a Government-sponsored program (Medicare, Medicaid, Tricare, etc.)
- Have not received Veterans Affairs (VA) benefits within the last three months (unless receiving benefits for a service-related disability)
- Not claimed as a dependent on someone else’s tax return
- Cannot be enrolled in a Health Care FSA, your spouse also cannot have a Health Care FSA through his/her own employer
