Health Savings Account (HSA)

A Health Savings Account (HSA) is a tax-advantaged savings account that lets you use pretax dollars to pay for eligible health care expenses. Adobe offers a HealthEquity HSA with the Aetna medical plans (Aetna HealthSave, HealthSave Basic, Out of Area HealthSave) to provide you with rich medical coverage while helping you save for your current and future health care needs.

View and manage your HSA.

Go to HealthEquity

How does it work?

The IRS has rules about who qualifies for an HSA, how much you can contribute, who qualifies as eligible dependents and what qualifies as an eligible expense. Review the information below, and contact HealthEquity at 877-713-7680 with any HSA questions. You may also want to consult your tax advisor about your personal situation. Here's how it works:

To enroll in the HealthEquity HSA (SSO), you must first enroll in one of Adobe's HSA-compatible medical plans (Aetna HealthSave, HealthSave Basic, Out of Area HealthSave). (If you’re still deciding, see your medical plan options or review how the Aetna medical plans compare.)

You’ll have the option to enroll in a medical plan on the Adobe benefits enrollment site when you are first hired, during Open Enrollment or if you have a qualified life change during the year.

If you enroll in the Aetna HealthSave or the Out of Area HealthSave medical plan, you will be automatically enrolled in an HSA account administered by HealthEquity HSA (SSO) and Adobe will make a contribution to your HSA. All you need to do is activate the account after you receive your HSA card—and you can contribute your own money, too. Before you enroll in these plans, make sure you are eligible for an HSA. (If you’re enrolled in Medicare or TRICARE, you can enroll in these plans without an HSA.)

If you enroll in the Aetna HealthSave Basic medical plan, you have the option to open an HSA account administered by HealthEquity HSA (SSO) by electing to make your own HSA payroll contributions. However, Adobe will not contribute to your HSA. Before you contribute to an HSA, make sure you are eligible.

You can choose how much money you want to set aside in your HSA account. Once you open an HSA, you can change your contributions at any time through the Adobe benefits enrollment site.

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How do I know if I’m eligible for an HSA?

To be an eligible individual and qualify for a Health Savings Account (HSA), you must meet certain IRS requirements. To qualify for an HSA:

  • You must be covered under a high-deductible health plan (HDHP).
  • You can't be covered by another medical plan (like a spouse's or parent's plan) unless that plan is also an HDHP.
  • You can't be enrolled in Medicare or TRICARE.
  • Your spouse can't have a separate plan with a Health Care FSA.
  • You can't be claimed as a dependent on someone else's tax return.

If you are not eligible for an HSA, you should not make personal HSA contributions nor receive HSA employer contributions. Be sure to confirm you are eligible for an HSA before enrolling in the Aetna HealthSave or the Out of Area HealthSave medical plan. (If you’re enrolled in Medicare or TRICARE, you can enroll in these plans without an HSA.) See your medical plan options.

Refer to IRS Publication 969 to learn more about HSAs. Topics include: Qualifying for an HSA, Contributions to an HSA, Distributions From an HSA, Balance in an HSA, Death of HSA Holder (designating a beneficiary) and Filing Form 8889.

If you have any questions, consult with your tax advisor. HealthEquity, the HSA administrator, is also available to assist you with any questions.

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HSA contributions

Changing your HSA contributions throughout the year

You can change your HSA contribution any time subject to Payroll cut-off dates [PDF] by submitting your request through the Adobe benefits enrollment site. You have two options for your deductions: an equal amount each pay period or a lump sum on specific payroll dates. Select Change HSA Contribution and follow the steps to finalize. Note: The HSA elections you submit are deducted from your available pay. A lesser amount may be deducted, or the deduction may not occur at all, if you submit for a pay-period when you aren’t receiving an Adobe paycheck (e.g., you’re on leave). You can change your 2023 HSA payroll contributions from January 1 through December 13, 2023, subject to payroll cutoffs.

How much you can contribute

You can contribute up to the IRS maximum each year if you're eligible. Your contributions and Adobe's, if any, count toward your IRS limit. (Adobe will contribute if you are eligible and enrolled in the Aetna HealthSave or the OOA HealthSave medical plan.) Your contribution limit for the year can change based on your personal situation. A few factors will impact your limit, including coverage status (family or single), time in that status, age and months in a qualified medical plan. Refer to the Know how much you can contribute [PDF] tip sheet or the current HealthEquity Complete HSA Guidebook [PDF] for examples of different contribution scenarios that may describe your situation. Thus, although Payroll will cap at the overall IRS limit for the year, you must monitor and stop your contributions if your limit is lower. Contact HealthEquity or your tax advisor with any questions.

These are the 2023 IRS contribution limits:

  • up to $3,850 for individual coverage
  • up to $7,750 for family coverage

If you’re age 55 or older, you can contribute an additional $1,000 in catch-up contributions.

Note: If you become enrolled in Medicare, you will cease to be eligible to make or receive HSA contributions. Refer to Becoming Medicare Eligible.

How much Adobe will contribute

Adobe will contribute to the HSA if you are eligible and enrolled in the Aetna HealthSave or OOA HealthSave medical plan and you activate your account with HealthEquity:

  • up to $850 for individual coverage
  • up to $1,700 for family coverage

Adobe’s contribution counts toward your overall annual IRS contribution maximum.

If you make coverage changes after January (e.g., new enrollment or change from individual to family coverage), you will receive a prorated contribution from Adobe for the current year. Refer to the proration schedule on page 15 of the Rewards Guide [PDF].

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How can I spend my HSA dollars?

How you can spend the funds

You can use HSA funds to pay for your share of qualified health care expenses that aren’t fully covered by insurance for you, your spouse and your tax dependents. Refer to the Wondering how claims, deductibles and prescriptions work? [PDF] tip sheet.


  • Deductibles
  • Coinsurance
  • Prescription drugs
  • Dental and vision expenses
  • Go to for more examples of qualified medical expenses

Accessing your HSA to pay for out-of-pocket medical expenses

You have a few choices to pay for qualified expenses using your HealthEquity HSA. Before you pay, be sure your doctor bills Aetna for your medical expenses first, so Aetna pays its share of the bill and tracks your deductible to ensure you pay only your share of the cost. Refer to the Need to go to the doctor? [PDF] tip sheet.

  1. Pay online through HealthEquity (SSO). Go to Claims & Payments, and select View Claims to see a list of claims ready to be paid, and click on Resolve to see payment options.
  2. Use your HealthEquity Visa Health Account Card for your share of qualified health expenses.
  3. At the pharmacy, pay with your HealthEquity HSA card if you have available funds. Or pay from your personal bank account, and reimburse yourself later online from your HSA.

If you have additional questions, you can reach HealthEquity via our dedicated service line: 877-713-7680.

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Whose expenses can I pay with my HSA?

You can pay for your own medical expenses, your spouse’s expenses and your tax dependents’ expenses. However, the IRS has specific rules and definitions related to spouses and dependents that are different from the eligibility rules for coverage under Adobe’s medical plans. For example, you can cover an adult child (to age 26) and a domestic partner in your medical plan, but you cannot use your HSA for their expenses if they are not your tax dependents. Consult with your tax advisor to confirm whose medical expenses you can include. You may find it helpful to refer to the section titled Whose Medical Expenses Can You Include in IRS publication 502.  

If you have any questions, consult with your tax advisor. HealthEquity, the HSA administrator, is also available to assist you with any questions.

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Growing your HSA

You can use your Health Savings Account (HSA) funds at any time for qualified medical expenses, or you can use them as a way to save for your future. There’s no use-it-or-lose-it rule, so your account balance continues to grow tax-free from year to year.

You can invest your funds once you reach a balance of $1,000. Think of the HSA as a compliment to a traditional 401(k) with no tax on the way out. Your contributions, investments and interest earnings grow tax-free. Check out the HealthEquity Investment Guide [PDF] for an overview of how to invest your HSA account funds. And log in to your HealthEquity (SSO) account to review the investment lineup and set your investment elections.

As a bonus, Adobe pays the fee for access to Advisor, a web-based advisory service offered by HealthEquity Advisors, LLC:

  • GPS – Guidance provided for fund management and implemented at the direction of the account holder
  • Auto-pilot – Full-service fund management based on personal risk profile

Many contribute the maximum amount each year to typical retirement vehicles like a 401(k). How about contributing to one more? An HSA can be an additional tax shelter as you plan for ways to maximize your retirement savings. When possible, you can pay your deductible out of pocket each year instead of using your HSA funds, which will allow your HSA to grow even more.

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HSA benefits

Three big tax advantages

With an HSA, you’ll enjoy these federal tax advantages:

  • Tax-deductible contributions, lowering your taxable income and helping you save money
  • Tax-free growth as your balance grows (both interest and investment growth)
  • No tax penalty for distributing funds for use on qualified health expenses at any time

No use-it-or-lose-it

Your unused HSA funds roll over year to year and continue to earn tax-free interest. You can use the money the next year or save it for the future.

There’s no limit to how high your account balance can potentially grow!

You own the money

You own the money in your account and can take it with you if you change medical plans, retire or leave Adobe.

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HSA and Health Care Flexible Spending Account (FSA) comparison

The IRS allows you to contribute more per year to an HSA than to an FSA. (See HSA contributions and FSA contributions.) HSA funds roll over from year to year, rather than use-it-or-lose-it like FSA dollars. It’s important to note that if you enroll in an Aetna plan (Aetna HealthSave, HealthSave Basic, Out of Area HealthSave), you may not open a Health Care FSA nor contribute to a Health Care FSA through Adobe, even if you don't contribute to Adobe’s HSA plan.

  Health Savings Account (HSA) Health Care Flexible Spending Account (FSA)
Which medical plan elections? Aetna HealthSave
Aetna Out of Area HealthSave
Aetna HealthSave Basic*
Kaiser HMO
Waive Adobe Medical
Who contributes? You and Adobe—Aetna HealthSave, Aetna Out of Area HealthSave
You—Aetna HealthSave Basic
Do unused funds carry over from year to year? Yes No
Whose expenses are covered? Yours and your eligible dependents as defined in IRS Code Section 152 Yours and your eligible dependents as defined in IRS Code Section 152
Can I change my contribution amount at any time? Yes No, unless you have a qualified life event
Can I keep my account if I leave Adobe? Yes No
Can my account balance earn interest? Yes No

* The Aetna HealthSave Basic is an HSA-compatible plan. You cannot contribute to Adobe’s Health Care FSA if you are enrolled in the HealthSave Basic plan, even if you don’t contribute to Adobe’s HSA plan.

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