Health savings account
What
Enrolled in the Lenovo Health Saver medical plan? Here’s your free gift with purchase: a tax-advantaged Health Savings Account (HSA). You can use it anytime you want to pay for eligible health care expenses. Your annual physical. An eye exam. A root canal. All eligible.
Btw, “tax-advantaged” is just a fancy word for “ka-ching!” Oh, and Lenovo’s contribution to your HSA? Even more ka-ching!
Why
One word: taxes. No taxes on your (or Lenovo’s) contributions, your withdrawals for qualified medical expenses, or your earnings. The money is yours to keep. Forever. And you can use it whenever you want — right now or after you retire. Did we mention the Lenovo contributions? We chip in $750 if it’s just you and $1,500 if you have a family — no matter how much you contribute. Cash in by opening your account asap. The longer you wait, the less we chip in.
Highlights
- No taxes on contributions, withdrawals for qualified medical expenses, or earnings
- Free $$ from Lenovo
- Freedom to contribute as much or as little as you want
- Money that’s yours to keep, forever
FYI
The annual max (in 2025) for your and Lenovo’s combined contributions is $4,300 (single) or $8,550 (family). If you’re 55 or older, you can save an additional $1,000 per year in catch-up contributions. Flush with cash and want to start dropping more into your HSA? Log in to the Benefitsolver website and click “Health Savings Account” to change your pretax contributions.