- Develop a plan for your financial future. The next webinar in our 2015 retirement webinar series—Designing Your Financial Roadmap—will be held on Wednesday, Feb. 25, at 11 a.m. Central time. Registration is limited to the first 300 registrants, so sign up soon! (You have to log in to the Fidelity website to register.)
- Make the pledge! In honor of America Saves Week (Feb. 23 – 28), pledge to save 1% more in the Retirement Savings Plan in 2015. Think 1% won’t make a difference? Think again. To increase your contributions by 1% (or more!), visit 401k.com.
- If you schedule an annual physical this year, don’t forget to bring the Health Care Provider form. As your provider captures your weight, blood glucose, cholesterol and blood pressure, document it on the Health Care Provider form. Then submit the form to StayWell by Dec. 31, 2015. The completed form serves as your health screening and qualifies you to earn up to $250 off your 2016 medical premiums when you also take the Health Risk Questionnaire in the fall.
- If you have a Health Savings Account (HSA), your Rockwell Automation Health Plan claims are automatically integrated on your HealthEquity portal. After your medical, dental and pharmacy plans pay their share of your claim, the balance is recorded on your HealthEquity portal. It’s your choice whether you use this information to pay the provider, reimburse yourself or save it to document a future HSA withdrawal. If you decide to use your HSA to reimburse the claim, it’s as easy as clicking a button. Visit healthequity.com/ed/hsalearn/ and select “Paying a Provider” from the Videos Playlist to learn how.
- If you’re enrolled in the HSA option, you are required to report your HSA contributions and distributions to the IRS when you file your taxes. Here are documents you’ll likely need:
- W-2 from Rockwell Automation. The company contribution and your payroll contributions, if any, are in Box 12.
- IRS Form 5498-SA from JPMorgan Chase. All contributions made to your account are noted here. This includes contributions from both you and Rockwell Automation.
- IRS Form 1099-SA from JPMorgan Chase. Your HSA distributions are noted here. If you didn’t take any distributions, you won’t receive this form.
- Your income tax return form 1040. Complete your return to note HSA contributions (Rockwell Automation’s and yours) as well as any qualified distributions, contributions over the IRS limit or non-qualified distributions, if applicable.
- Form 8889. This worksheet works with your 1040 to record year-to-date contributions and distributions from your HSA.
- Form 5329. Use this form to report excess HSA contributions, if any.
