Jabil gives you access to accounts offering great tax advantages when you use them to pay for eligible expenses.
WEX is the administrator for the FSAs and HSA. Aetna is the administrator for the HRA within the medical plan.
Account Features
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Healthcare FSA 1,2 |
Health Savings Account (HSA) 3 |
Limited Purpose Healthcare FSA |
Health Reimbursement Account (HRA) |
Dependent Care FSA 2, 4 |
|---|---|---|---|---|---|
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Who may enroll? |
All employees, except those in Healthy Plus |
Only employees enrolled in Healthy Plus |
Only employees enrolled in Healthy Plus |
Only employees enrolled in Healthy Premier |
All employees (this account is separate from our medical plans) |
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What types of expenses are reimbursable? |
Eligible medical, dental, vision and prescription drug expenses (including copays and coinsurance) |
Eligible medical, dental, vision and prescription drug expenses and some limited over-the-counter items (including your deductible, copays and coinsurance) |
Eligible dental and vision expenses |
The first dollars spent on eligible healthcare expenses will come from the HRA and be applied toward your annual deductible. This will help you meet your deductible sooner |
Eligible dependent care expenses, such as daycare, after-school programs for children up to age 13, and elder care. Note: This FSA is NOT valid for healthcare-related expenses |
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How much does Jabil contribute to my account? |
$0 |
$750 (single) $1,500 (2 or more enrolled) (These amounts are prorated based on the date you enroll in and set your HSA contribution amount) |
$0 |
$300 (single) $600 (family) |
$0 |
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How much can I contribute (per IRS limits)? |
Minimum: $200 Maximum: $3,200 |
$4,300 (single) $8,550 (family) (combined employee, employer, and wellness incentive contributions) If you’re between the ages of 55 and 65, you can contribute an additional $1,000 annually |
Minimum: $200 Maximum: $3,200 |
You cannot contribute to an HRA |
$5,000 (or $2,500 if married and filing separate federal tax returns) |
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Do leftover funds roll over from year to year? |
No, any funds remaining at the end of the plan year are forfeited. However, you have until March 31 of the next plan year to file any current year claims |
Yes, all of your unused contributions roll over each year |
No, any funds remaining at the end of the plan year are forfeited. However, you have until March 31 of the next plan year to file any current year claims |
Yes, unused funds roll over as long as you remain in Healthy Premier |
No, any funds remaining at the end of the plan year are forfeited. However, you have until March 31 of the next plan year to file any current year claims |
- FSA debit cards can only be used for expenses incurred and paid by December 31.
- Highly compensated employees are subject to IRS non-discrimination testing that may affect contributions.
- Health Savings Accounts are a federal program. States can choose to comply with federal guidelines concerning tax treatment of HSAs or establish their own rules. State regulations are subject to change, so please consult with your tax advisor for the tax treatment in your state.
Medicare entitlement may impact eligibility to make or receive HSA contributions. - Dependent Care FSA participants must also file IRS Form 2441.
In general, you are only eligible for an HSA if you are not covered by any health plan that isn’t a qualified high-deductible health plan, including Medicare (Part A or B), TRICARE and a Healthcare FSA. In addition, you may not be claimed as a dependent on someone else’s tax return, except for your spouse’s.
If you enroll in Healthy Plus with Health Savings Account (HSA) and you want to receive Jabil’s contribution to the HSA, don’t waive coverage. When you enroll, set your contribution amount, even if it’s $0. If you waive the HSA, you won’t receive Jabil’s contribution — including any wellness incentives.
Learn how Healthy Plus with HSA works and ways to maximize your HSA.
If you make a change to your HSA contributions and enrollment during the year, the change will be effective on the 1st day of the following month.