Health Savings Account
Health Savings Accounts (HSAs), available only to those enrolled in the Value PPO, allow you to build tax-free savings to pay for current and future healthcare expenses. You can use your HSA funds for healthcare services that apply toward your deductible, and for your share of the cost of services after your deductible is met. HSA funds are yours to keep even after you leave Amgen. Enroll in the HSA if you elect the Value PPO Plan and meet IRS eligibility guidelines.
HSA contribution limits for 2024 are $4,150 (staff member only coverage) or $8,300 (family coverage). If you are age 55 or older, you can make an additional $1,000 catch-up contribution any time in the plan year.
You may change your current HSA contributions at any time throughout the year, without a qualified life event, by visiting the Amgen Benefits Center.
Three Ways to Save
Save for eligible
healthcare expenses
Make regular pre-tax contributions directly from your paycheck, up to IRS limits.
Save on taxes
Contributions are federal and state tax-free* and withdrawals, including investment gains used to pay for eligible expenses, are not taxed.
Save if you are
age 55+
Contribute an additional $1,000 per year in catch-up contributions if you are age 55 and older at any time in the plan year.
* In some states, including California, your contributions are subject to state tax.