- Benefits & Requirements
- Sign Up for an HSA Online
Welcome to Lifespring Health Online Enrollment
Eligibility for an HSA simply requires three things:
- An HSA compatible High Deductible Health Plan (HDHP) must be chosen by the account holder.
- Account holders must be under age 65, or if over age 65, they must waive Medicare benefits.
- Account holders cannot be a dependent on another person’s tax return.
There are no employment requirements or income limits.
The contribution maximum for 2007 is $3,000.00 for an individual and $5,950.00 for a family, regardless of the deductible limit in the health plan. There is no pro-ration of the deductible, regardless of the month in which the health plan becomes effective. So, as of 2007 you can make the full contribution, as indicated above, regardless of the month in which you establish an HSA compatible high deductible health plan.
The IRS allows account holders and employers to contribute to an HSA at their convenience. Money may be deposited at any time and in any increment up to the maximum allowed per calendar year. Funds must be received by April 15 of the following year in order to qualify for a deduction.
The funds in an HSA rollover each year, are 100% vested for the employee on day one and can grow substantially over the years, due to the tax advantaged laws governing HSAs.
The individual enrollment packet is available in the Forms section of this site and can simply be completed, a check attached and mailed to our corporate offices at:
Lifespring Health
2370 Watson Court, Suite 210
Palo Alto, CA 94303
A ‘wet signature’ (an original, non-electronic signature) on the enrollment form is required by law, so we are unable to accept a faxed transmission at this time. Enrollment forms must be signed and sent to Lifespring’s office. For those wishing to enroll via the internet, Lifespring will ask you to print and sign an account confirmation form accepting the key elements of the application form. This form will be attached to the confirmation email that we will send upon enrollment.
If you have any questions or need assistance please contact our customer service area at: hsa@lifespringhealth.com. We are available from Monday-Friday 8:00 AM to 6:00 PM, Pacific Standard Time toll free at 800-617-4729. Thank you.