Synergy Life Financial offers innovative solutions designed to meet your distinct needs while reducing the overall costs of health care. Set up your plan today by sending us a request for the enrollment forms, complete the required information, and return the completed forms to us.
Not sure how much to put into your HSA bank account?
To develop a HSA monthly contribution amount consider how much your family spent on health care over the past few years (the average family is about $2000 per year) then come up with an annual average that you feel makes sense. You can adjust this amount each year on the anniversary date of the plan. If you know of a large upcoming expense (such as a braces for a child) you can also add a one time deposit in addition to your annually budgeted amount.
Important guidelines and HSA requirements to keep in mind:
As per HSA rules, the minimum contribution amount per employee is $50 per month or $600 annually. Determine the annual contribution for each employee and divide by the frequency of deposits. The contribution amount will remain the same unless there is a “life event” such as marriage, birth, adoption or death.
Indicate whether the company is incorporated or unincorporated. For unincorporated business’s the maximum annual contribution limits are $1,500 per adult, and $750 per dependent child covered by the plan. Contribution limits for plans that start mid-year will be pro-rated.
Get started now!
Please complete each field of the contact form below and we will send you the enrollment forms. Once completed they can be return to us by:
1. FAX 1-866-274-1751
2. EMAIL: firstname.lastname@example.org
3. MAIL:Synergy Life Financial 92 Caplan Avenue, Suite 234 Barrie, ON L4N 0Z7