If you enroll in the medical plan, you are eligible to utilize a Health Savings Account (HSA). All money in your HSA is yours to save for use on medical, dental, vision, and prescription drug expenses or for use during retirement. Employees who choose the HSA Plan will receive a contribution from the district of $800 (singles) or $1,600 (families) to their personal HSA account. 

• •  You can make Federal pre-tax deposits to the account through payroll deductions.

  • These accounts operate just like a checking account with personal checks and/or a debit card.

  • These contributions ultimately help reduce your taxable income.

  • The contributions and the earnings will be tax deferred, much like an Individual Retirement Account (IRA).

  • The money in the account can be rolled over from year to year, potentially building up thousands of dollars over time if funds are not used to pay for medical expenses.

  •  These accounts are owned and controlled by YOU. There is no “use-it-or-lose-it” feature.

  •  Withdrawals for medical expenses are tax-free for federal income tax purposes. Withdrawals after age 65 for any purpose are penalty-free.

  • The accounts come with “catch-up” provisions allowing people age 55 and over contribute an additional $1,000 a year.

  • The accounts are portable and money can be used on any qualified medical expenses even if you leave the District. Funds can also be used to pay COBRA premiums if collecting unemployment.

  • Eligible expenses for HSA reimbursement can be found at www.irs.gov/publications/ p502/

HSA Employee Guide provided by Cottingham and Butler

HSA FAQ provided by Cottingham and Butler

Works like a checking account. Money can easily be deposited in your account at any time including

payroll deduction and deposits at a branch.

•  Receive a Johnson Bank HSA VISA® Debit Card with no annual fee, and easily withdraw your funds

and make payments.

•  Earn a competitive interest rate on your tax-free balance.

• Access eBanking to review your balance, transactions and track spending.

To enroll:

1. Please log into Employee Navigator and elect Johnson Bank as your HSA provider. 

2. Complete the Enrollment Form and provide that to Johnson Bank

3. Once your account is opened, share your account number with Payroll at sdjpayroll@janesville.k12.wi.us

HSA Overview

HSA Distributions

HSA FAQ

Open and FDIC-insured HSA in minutes with Lively. Lively brings HSA into the modern era, so it’s easier for you to keep health care costs low today and plan for the costs of tomorrow. The online account is 100% free, provides a simple, intuitive, and transparent process, and includes investment capabilities. 

To Enroll:

1. Please log into Employee Navigator and elect Lively as your HSA provider

2. You will receive an email from Lively to complete your enrollment

When you’re ready to use the money, you’ll typically have two options. The first is to use a debit card that’s tied to your HSA. When you first open your account, Lively will send a debit card for convenience. 

The other option is to pay the bill on your own and request a reimbursement from your HSA provider. In this scenario, you’ll typically need to provide a receipt to prove that the transaction was eligible.

HSA Guide with Lively