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Choices for consumers | Alaska Air Group
Failure to fulfill the IRS qualifying requirements for an HSA will result in you being registered on a Flexible Spending Account (FSA) and receiving a $500 subscription from the Alaska Air Group. Please be aware that you cannot be registered with both HSA and Healthcare FSA. The FSA will help maintain your HSA funding for health care expenditures, cost reductions and capital spending by enabling you to use discrete FSA funding to fund your qualifying teeth and sight costs.
As soon as you've reached your retention, you can use the resources in this SFA for other fundable health issues. Your $2,650 per annum income threshold is calculated, so you should consider how much you and your loved ones will be spending on your teeth and eyes during the year. Depending on your income, the FSA is an input VAT account that you can use to cover the cost of qualifying dependant nursing while you and your partner are working, looking for work or going to college full-time.
Expenditure includes pre-school, childcare and caring for an adult partner or relatives who is unable to provide for themselves either physically or intellectually and who is subject to your taxes. Up to $5,000 can be contributed per year. Please be aware that you can only deposit up to the amount of the currently outstanding account number.