Health Savings Account

Use triple tax savings to pay for medical, dental and vision expenses.
A Health Savings Account (HSA) is a tax-favored personal savings account that works with the Advantage PPO with HSA medical plan. Use your HSA funds to pay for qualified eligible medical expenses such as deductibles, coinsurance, copays, dental and vision care. Through our partnership with Fidelity Investments, you have access to the NetBenefits AccessCard® to provide you a simple way to pay for qualified expenses.

HSA Major Benefits

  • CF Industries contributes to your account.
  • Your account always belongs to you; you own it if you leave the company or retire.
  • Your balance rolls over from year to year.
  • Your contributions lower your taxable income.
  • Builds a healthcare nest egg for emergencies or in retirement.

Triple Tax Savings

  • Contributions are taken out of your paycheck before taxes.
  • Funds in your account grow tax free with interest or investment earnings.
  • Funds are withdrawn tax-free when used for eligible expenses.

Reminder: if you use your HSA to pay for ineligible expenses before age 65, you will be taxed on those amounts and subject to an additional 20% penalty.

Three Types of Contributions to Your HSA:

  1. CF Contributions*: $250 for employee-only coverage and $500 for family coverage. For new hires, contributions are prorated based on your hire date.
  2. Your Pre-Tax Contributions: Deducted from each paycheck and adjustable any time throughout the year.
  3. CF’s Company Match*: Dollar-for-dollar match, up to $500 for single coverage or $1,000 for family coverage.

*CF’s contributions can help cover a significant portion of your medical deductible. 

HSA Annual Contributions and IRS Limits

The combined total of your contributions and CF’s contributions cannot exceed the 2026 IRS limits: $4,400 for individual coverage or $8,750 for family coverage, plus an additional $1,000 catch-up contribution if you are age 55 or older. These limits include all company contributions as well as your own contributions to the Health Savings Account.

 
Coverage Level IRS Total Limits* CF Automatic Contribution CF Matching Contribution** Your Contribution
Individual Coverage $4,400 $250 $500 $3,650
Family Coverage $8,750 $500 $1,000 $7,250
Age 55 or Older Contribute an additional $1,000 on top of these amounts.

*Married couples with HSA-eligible family coverage share one family HSA contribution limit. If both spouses have eligible self-only coverage, each spouse may contribute up to $4,375 in separate accounts.

**Assumes you contribute at least $500 for employee only coverage and $1,000 for family coverage.

Contact Information

Call 800-835-5095

Visit www.netbenefits.com

Additional Resources

HSA Eligibility

Because the HSA is a tax-advantaged account, the government requires you meet certain conditions. To participate, you:

  • Must be enrolled in the Advantage PPO with an HSA (a high deductible health plan)
  • Cannot be enrolled in Medicare
  • Cannot be a dependent on someone else’s tax return
  • Cannot be covered by another health insurance plan that is not a High Deductible Health Plan
  • Cannot participate in the Health Care Flexible Spending Account but can participate in the Limited Purpose Health Care Spending Account

Watch this video to learn more about the HSA

Watch this video to learn how to invest your HSA