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Huntington Health Savings Accounts FAQ

What is a Health Srvings Account (HSA) and horv does it work?


How do I know if l'm eligible? How do I account for an HSA in my taxes? How do I get tax forms? When am I eligible to make contributions to an
HSA? How do I move my existing HSA to Huntington?

What is a Health Savings Account (HSA) and how does it work?


Health savings Accounts (HSAs) are tax-advantaged accounts for the purpose of paying for qualified health care expenses. Contributions to HSAs are not taxed,
and as long as you buy products or services that are qualirying medical expenses
as defined by the IRS, you

will not pay taxes on the money you use to purchase

your health care thtough an HSA.


How do I know if l'm eligible to enroll in an HSA? You are eligible to enroll in an HSA if you are currently enrolled in a High Deductible Health plan (HDHP). HSA-qualified High Deductible Health Plans meet certain requirements set bythe lnternal Revenue Service that include minimum deductibles and a reasonable cap on out-of-pocket expenses. Minimum deductibles for 20i 0 and 2011 are $1,200 for individual (self-only) coverage and
$2,400

How do I keep track of how much money is in my


HSA?

Will my HSA earn interest?


What are the investment options? What are the fees?

Horv do I know if an HSA is right for me?


How are HSAs different from other medical spending
a

ccounts?

forfamily coverage. For 2010 and 2011, the maximum out-of-pocket amounts (the sum ofthe annual deductible and the other annual out-of-pocket expenses required to be paid underthe plan,

Do I have to spend all of the money in my HSA


ea ch

not including premiums) may not exceed $5,950 for individuals and $11,900 for families. Consult your

year?

insurance company or your employer's benefits administrator for more information about your
health plan.

Can I keep my HSA if I move to a new employer or insure r?

How do I account for an HSA in my taxes?

How do I enroll for a Huntington HSA? How do I make deposits to my HSA?


How much can I contribute?

As the owner of you HSA, you are responsible to the lnternal Revenue Service for filing the

appropriate tax forms, and for making sure you purchase only items that are qualifying medical expenses with your HSA,
How do I get IRS tax forms, publications and information relating to HSAs? There are a variety of IRS forms, publications and information available on www.irs.gov. Some forms, such as Forms 1099-SA and 5498-SA, which will be sent to you by Huntington, will assist you when completing yourtaxes, Form 8889, available on the IRS web site, is completed by you. IRS

Who can make contributions to my HSA? Are there specal deposil tickets for HSAs? Are my contributions pre-tax or after-tax?
Can I make catch-up contributions if l'm over 55?

How do I pay for medical expenses from my HSA?


What can I buy with my HSA? Who approves my purchases? What if I buy something that s not a qualified medical expense? Where can I get claims forms?

Publications 502, Medical and Dental Expenses and 969, Health Savings Accounts and other Tax'Favored Health Plans are also available.Other HsAinformation is also available onthe IRS web site and the Department of Treasury Web site, wwl.treas.gov. When am I eligible to make contributions to an HSA?
You are eligible to make contributions to your HSA if you are currently covered by a High

Will my Check Card be blocked at some stores?

Deductible Health Plan (HDHP). What if l'm only covsrod for part of the year?
Both the HSA contribution and catch-up contribution apply pro rata based on the number of months
of the year you are eligible, meaning you are covered by your HDHP.

Horv do I contact customer service?

L.,.

What if I already have an HSA and wantto move itto Huntington (HSA rolloverl? Along with your new account documents, you will receive a form that you can sign and return to your existing financial institution that authorizes them to move your existing HSA funds into your new Huntington HSA.

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Welcome.

How do I keep track of how much money is in my HSA?

How do I keep

tack

of how much money is in my HSA?

0nline account information is available at www.huntington.com/hsa


By telephone, you can speak to a customer service representative Monday to Friday, 8:00 a.m.

to 5:00 p.m. EI by calling toll free I -800,:676-4074.

0nline a ccount information is available at:


www.
hu

You

will also receive monthly statements mailed to your address of record.

Will my money earn irterest?


Yes. There is no minimum balance to earn interest. Your money

ntin gton. c om/hsa

will earn more as your balance

becomes higher. See our interest rates at www.huntington.com/hsa

By telephone, you can speak

to a customer servrce representative Monday to Friday, 8:00 a.m. to 5:00 p.m. ET by calling toll free 1 -800-676 -407 4.
You will also receive
month ly statements mailed

What investrnent oflions are available?


Your money will be placed in an FDIC-insured account that earns interest.

What are tho fess?


There is no monthly fee, annual fee, and no set-up fees. There are no fees for withdrawals when you use a check, a

debit card, or withdraw funds at a Huntington branch.

There is no fee to your employer for contributing to your HSA.

to your address of record.

How do I know if an HSA is right for me? If you are enrolled in a qualiSing High Deductible Health Plan (IDHP), you are eligible to open an HSA. An HSA can lower your income taxes today, allow your savings to grow tax-free, allow you to pay for qualifuing medical expenses tax-free, and help you save for retiement. Consult your insurance plan details and your tax advisor to evaluate your particular situation.
How is an HSA different from the othsr types of medical spending accounts my smployer offers? HSAs are owned by the accountholder, Unlike other types of medical spending accounts, such as Flexible Spending Accounts {FSAs}, HSAs are not tied to your employer. Even though your employer may offer an HSA as part of your benefits package and may contribute to your HSA on

your behalf, all of the money in your HSA belongs to you as soon as it is in the account.
lf you move to a different employer, you keep the money. Your employer does not have to approve

your purchases. You can keep your HSA if you switch health insurance plans. Even if you switch to a health insurance plan that is not a High Deductible Health Plan, you still keep the money in your HSA and can still purchase qualifying medical expenses without being taxed. However, you cannot contribute to your HSA in any year in which you are not enrolled in a High Deductible
Health Plan.

Do I have to spend all

ofthe money I contribute each year?

No. Any money you don't spend stays in the account from year to year.

What happens when I move to a nsw employer?


You own your HSA account and all of the money in it belongs to you

even if you move

to a new employer.

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Welcome.

It protects you againstfraud. Because your card comes with Zero Liability protection, if your card or its number are ever lost or stolen you wont be liable for any fraudulent purchases.*

How do I enroll for a lluntington HSA? Enrolling is easy with our online enrollment process.
Step One

Make sure you're enolled in a qualiing High Deductible Health Plan. Talk to your insurance company or your employer's benefits administrator

if you're not
Step Two

sure whether your plan is a qualifying HDHP plan for HSAs.

Go to www.huntington.com./hsa and click on the "F.nroll" button. Complete the form online and submit. You will receive your new account welcome

kit within five to seven business days. Your free visa@ Debit card and starter check package will arrive within seven to ten days of account opening.
Step Three Sign and retum the signature card with your check for the initial deposit (or set up direct deposit with your employer to fund your account).

How can I make deposits to my HSA? Deposits to HSAs are called contributions. You can make contributions to your HSA yourself by depositing a check or sending an electronic deposit to your account. Or, you can set up a payroll deduction through your employer.

How much can I contribute? Maximum contribution limits for 2010 and 2011 are $3,050 for individual coverage or $6,150 for family coverage.

How much can I contributs? Maximum contribution limitsfor20l0 and 2011 are$S,0S0forindividualcoverage for family coverage. Who can make contributionsto my HSA?
Your employer or another person can make contributions to your HSA on your behalf. Are there special deposittickets for HSAs?
Yes. We

orS,lb0

will include a deposit ticket in your new account kit.

Aro my contrbutions pre-tax or after-tax? Contributions made by your employer are not included in your income. You can claim contributions
you made and contributions made by any other person, other than your employer, on your behalf, as an adjustment to income. Additional information is available on the lnternal Revenue Service

web site at wvrnru.irs.gov. Consult your tax advisor for information about your specific situation.
Can I make catch-up contributions to my HSA if l'm over 55? lf you are age 55 or older, you can increase your contrbution level. For 2010 and 2011, the increase amount of catch-up contributions you can add to your regular contribution is $1,000. For details, see

the lnternal Revenue Service web site at www.irs.gov.

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Welcome.

How do I contact

customer service?
Call us

tollfree at

How do I pay for medical expen$es with my HSA? You can use your Debit Card to make a purchase wherever Visa is accepted, or write a check to pay for qualified medical expenses. If you need to pay with cash, you can use your Debit Card to withdraw cash at an ATM.
What can I buy with my HSA?
You can buy any product or service that is a 0ualified Medical Expense as defined by the lRS.

1-800-676-4074.

You can speak to a customer

0ualified Medical Expenses that are described in more detail in IRS Publication S02. For more
information, visit wwwirs.gov.

service representative
Monday to Friday,
8:00 a.m. to 5:00 p.m. ET.

Who approves my purchases?


You are responsible for making purchases that are qualifying medical expenses as defined by the lRS. You do not need to get any approval of your purchases, but you do need to keep your receipts

and be prepared to show the IBS that your purchases were for qualfying medical expenses.

What if I buy something that is not a qualified medical expense? lf you buy something with your HSA by mistake due to reasonable cause, you may repay the mistaken distribution no later than April 15 following the frst year you knew or should have known the distribution was a mistake. For example, you reasonably, but mistakenly, believed that an expense was a qualified medical expense and paid forthat expense from the HSA. You would then repay the mistaken amount to the HSA. The lnternal Revenue Service has information about how to treat such a mistaken purchase in your taxes. See the instructions for Form 5498-SA on

Health Savings Account

www.irs.gov. Consult your tax advisor for information about how to handle your individual situation. Where can I get claims forms? There are no claims forms with an HSA. You are responsible for your purchases and for filing the appropriate tax forms.

information is available at
wvvw.
hu

ntin gto n. co m/hsa

Will my Debit Card be blocked at some storos? No. Some HSAs restrict use of the Debit Card, but Huntington's HSA Debit Card has no restrictions.
You can use your Debit Card to purchase qualifying medical expenses at a store or other merchant that accepts Visa. You are responsible to make sure you do not purchase items with your Debit Card that are not qualifying medical expenses.

How do I contact customer service? Call us toll free at 1-800-676-4074. You can speak to a customer service representative Monday to Friday, 8:00 a.m. to 5:00 p.m. ET.

i Visa's Zero Lablty Policy covers U.S.-issued cards only and does not apply to commercial
immediately
Cardholder Agreement.

credit cards, ATM transactions, or PIN transactions not processed by Visa. Notify your financial institution

of any fraudulent use. For specific restrictions, limitations, and other detals, see

Member fOlC.

Huntingtono are federally registered service marks of Huntington Bancshares lncorporated. Huntington,o Welcome.rM is a registered service mark Huntington Eancshares

t,

of

lncorporated. @2010 Huntington Bancshares lncorporated.

tVilHuntmgton
Welcome.

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