Employees participating in the College’s Consumer-Driven Health Plan (CDHP), which is paired with a Health Savings Account (HSA) should note that the maximum annual deposit amounts allowed to Health Savings Accounts will increase for 2014 as follows:
|HSA Contribution Limit (College + employee) ||Individual: $3,300 |
|HSA Catch-up Contributions* (age 55 or older) ||$1,000 |
|*Catch-up contributions can be made any time during the
year in which the HSA participant turns 55. Catch-up contributions do not count towards the HSA
Please note, employees who are participating in the Bennington College Consumer-Driven Health Plan (CDHP) as of January 1, 2014, will receive the College’s contribution to their HSA accounts on January 2, 2014. If you wish to make a change to your HSA contributions, please contact Noel Volpi (802-440-4362).