Health Savings Account
The university’s HSA benefit offers a tax-advantaged way to save for healthcare expenses today and in retirement.
What is a Health Savings Account?
A Health Savings Account (HSA) is a tax-advantaged savings account designed to help you save and pay for qualified medical expenses.
Important Announcement:
The university is currently finalizing a contract with a third-party administrator for HSA management. Details will be shared once the contract is finalized.
HSA Eligibility
To be eligible to open and contribute to a Health Savings Account (HSA) as a University of Mississippi employee, you must meet the following requirements:
- You are enrolled in the State and School Employees’ Health Insurance Plan, Base Option (High Deductible Health Plan – HDHP).
- You do not participate in a general-purpose Flexible Spending Account (FSA) or a Health Reimbursement Arrangement (HRA) that reimburses all medical expenses.
- You are not enrolled in Medicare.
- Any secondary health coverage you have also meets HDHP requirements.
- You are not claimed as a dependent on another person’s tax return.
2026 Contribution Limits
| Description | Self-Only Contribution | Family Contribution |
| Annual HSA Contribution Limit | $4,400 | $8,750 |
| Catch-Up Contribution (age 55+) | $5,400 | +$1,000 per eligible individual |
Frequently Asked Questions (FAQs)
Contact the HR Service Center
If you have a question, need help, or are experiencing an HR issue, the HR Service Center is here to assist you. Whether it's about benefits, pay, leave, insurance, tuition waivers, or anything else, our team of experienced HR Service Coordinators is ready to get you the answers you need as quickly as possible.
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