When you enroll in Health Choice 1 or 2, you’ll be asked to confirm your eligibility to contribute and agree to have a PNC BeneFit Plus HSA opened in your name. You can use the HSA to save money on a pretax basis* to pay for eligible health care expenses, now and in the future. Your HSA balance rolls over from year to year and is yours to keep, even if you leave PNC.
You can build your HSA balance through your and PNC’s contributions, if applicable, up to IRS limits (below):
|Available PNC Contributions to Your HSA in 2019|
|PNC Salary-Based Contribution*
(annual amount deposited in equal installments throughout the year)
(annual amount of wellness credits earned for completing wellness activities throughout the year)
(2017 W 2 earnings or base salary for those hired in 2019)
|If you cover only yourself||If you cover eligible family members||For a covered employee||For a covered spouse/domestic partner|
|Less than $50,000||$500||$1,000||Up to $600||Up to $400|
|$50,000 but less than $100,00||$250||$500|
|$100,000 or more||$0||$0|
For a closer look at how the account works, eligibility, contributions, incentives, eligible expenses and how to access and manage your account, take a look at the 2019 HSA User Guide.
For details on HSA and Medicare, please review these guidelines.
* Contributions to an HSA are exempt from federal and most state taxes. Currently, only contributions in California, Alabama and New Jersey are subject to state taxes.