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 Human Resources
Whether you have a question or need assistance, the Department of Human Resources is here to help. Explore resources available in Workday, including Help Articles & Workday Assistant.
Need Further Support?
Submit a case directly in Workday. Select Menu in the top-left corner of Workday > Choose Help from the Personal section > Select Create Case.
You can also reach out to your Human Resources Business Partner (HRBP), who is here to support you across key areas, including Workday, Recruiting, and People Relations.