HSA Savings Calculator
Enter your information below. Note: The HSA Savings Calculator should only be used as a guide to measure hypothetical HSA tax savings and growth.
Choose your plan type:
Average contribution per year:Enter the amount of money you'll put into your HSA for the year. This includes contributions from your employer. Visit hsabank.com/irs-guidelines for current maximum contribution amounts. Depending on your plan type (single or family), what you enter shouldn't exceed the maximum amount.
Average medical expenses per year:Enter the estimated amount of money you spend out-of-pocket on medical care.
Federal income tax bracket:There are seven marginal income tax brackets for each federal filing status: 10, 12, 22, 24, 32, 35, and 37 percent.
State income tax bracket:Consult your state's individual tax rules and regulations to find out this percentage.
*Estimate of potential income tax savings from HSA contributions and earnings.