Your Wealth

About your HSA

In this section...

HSA-qualified health plans are a better option for most and we want to help you understand why. When you enroll in Crown Castle’s HSA Base or HSA Plus plans, you automatically receive a Health Savings Account with a Crown Castle contribution.

It is available for HSA Base Plan and HSA Plus Plan participants only. Here are three reasons to consider a HSA:

  1. It’s all yours. You own, manage and control the account. Unused funds earn interest and roll over from year to year. You can keep the account for as long as you want, even if you’re no longer with Crown Castle.
  2. It saves you money. You get triple tax advantages. Any contributions you make are automatically deducted from your paychecks pretax, which lowers your taxable income. The funds in your account earn interest over time, tax-free. And the funds you use continue to be tax-free as long as you use them for eligible expenses. (See publication 502 for a full list.)
  3. You can use it when you want to. You can use your HSA to pay for things you need today or save it to build a financial nest egg for the future – even for retirement. If you do not use it, you do not lose it.

Contributions Direct Link

Crown Castle will automatically make an annual contribution to your account based on the medical plan and tier you elect:

  • HSA Base Plan: $1,000 for individual or $2,000 if you cover dependents.
  • HSA Plus Plan: $750 for individual or $1,500 if you cover dependents.

The Crown Castle HSA contribution is prorated for new hires and qualified life events after January 1st.

More Rules about HSA Eligibility

You are not eligible to contribute to a HSA if you have any medical coverage that is not a qualified high-deductible health plan (like our HSA Base Plan or HSA Plus Plan). Keep this in mind if you have dual coverage and your other plan doesn’t qualify! You are also not eligible if you or your spouse has a healthcare flexible spending account, or if you’re enrolled in Medicare.

You can also make your own contributions to cover the rest of your deductible and out-of-pocket maximum costs while lowering your taxable income. Keep in mind, the IRS sets limits on the total amount you and the company can contribute (combined) each year, based on your medical plan tier.

  • For 2024, the limits are: $4,150 if you have Employee Only coverage and $8,300 if you cover other family members. (This is higher than our out-of-pocket maximum amounts.) You will need to subtract Crown Castle's contribution from this amount to determine the maximum amount you can contribute, if you elect to contribute on your own.
  • If you’re 55 or older, you can make additional catch-up contributions, up to $1,000.