Savings & Spending Accounts

Momentive offers a variety of tax-incentivized accounts to help you save money and meet your healthcare needs. These accounts are designed to provide you with tax benefits while allowing you to set aside funds for eligible medical expenses. In this section, we will discuss the different types of accounts offered by Momentive and how they can benefit you.


How an HSA can benefit you and your wallet

Whether you are a Health Savings Account (HSA) newbie or a seasoned account holder, brush up on best practices for using your account.

Just the basics

An HSA is a short-term or long-term tax-free saving for eligible out-of-pocket health care expenses. The account belongs to you and grows year over year. You maintain ownership, even if you leave the company. HSA money is yours to save and invest or spend on eligible health care expenses.

HSA: Create a rainy-day fund for future costs

2024 HSA Contribution Limit
Employee: $4,150 / Family: $8,300

Some useful videos for your reference:

Contact Info 


HSA/FSA: 833-299-5089


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Momentive HSA Contributions

Momentive contributes funds to your HSA based on the plan you select and whether you qualify as “employee only” or “family.” (Um…that’s free money!)

Based on the 2024 HSA maximums, you will want to adjust your additional contributions accordingly.

How Much Can I Contribute?

Employee only: The 2024 IRS maximum contribution is $4,150.

Family: The 2024 IRS maximum contribution is $8,300.

Employer HSA funding will be matched 100% up to the below maximums. Employee plus employee contributions will total the 2024 IRS maximums

Consumer Choice 250 Consumer Choice 500
Employee Only $500 $1,000
Employee and Family $1,000 $2,000
All HSA elections are effective the first of the month after or coinciding with your hire date or date of eligibility.


How an FSA can benefit you and your wallet

If you are new to the flexible spending account (FSA), or if you’ve been processing those receipts for years, here are some key details to help you make the most of your FSA.

Note: If you enroll in an HSA, you can only have a Limited Purpose FSA.

FSA Bottom Line

A health care flexible spending account, or FSA, is an employer-sponsored benefit that allows participants to set aside pre-tax funds from their paychecks to help them pay for out-of-pocket health care expenses throughout the year. FSAs are an annual plan-year benefit—meaning you have a specified amount of time to use your funds. You’ll want to spend down this account every year based on your plan’s rules.

FSA: Tax-Free Savings on Qualified Expenses

2024 Contribution Limit: $3,050

You do not pay taxes on your FSA funds when you use them for qualified expenses, so it’s like a discount every time you use your Healthcare FSA funds on health-related expenses.

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Limited Purpose FSA

How an LPFSA can benefit you and your wallet

A limited purpose flexible spending account, or LPFSA, is a special type of FSA. It’s an employer-sponsored benefit that allows participants to set aside pre-tax funds from their paychecks to help them pay for out-of-pocket dental and vision expenses throughout the year. LPFSAs have “use it or lose it” forfeiture provisions that require you to spend your LPFSA funds in the year you contribute them (or in a short grace period thereafter).

Earmarked Funds to Maximize Savings

You can pair your HSA with an LPFSA. This lets you pay for immediate dental and vision expenses, preserving your HSA for long-term savings and investment growth. The LPFSA helps you cover the immediate expenses while you keep on SAVING in your HSA, further lowering your taxable income.

LPFSA: Help with Yearly Dental and Vision Costs

2024 Contribution Limit: $3,050

Why enroll? Paying for your out-of-pocket costs for your dental and vision expenses allows you to preserve your HSA balance and to participate in a high deductible health plan with lower monthly premiums.

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Limited Purpose FSA

Dependent Care FSA

Already paying for dependent care?

If you pay for day care, after school care, day camp or elder care for any of your dependents, you could be SAVING money on those costs! Momentive offers a dependent care flexible spending account, or DCFSA, that allows you to set aside a little from each paycheck to go toward your dependent care for the year.

How does this help? You do not pay taxes on these funds when you use them for eligible expenses, which saves you 20–30% over paying for care outright.

DCFSA: Savings on Dependent Care Expenses

2024 Contribution Limit: $5,000

Why enroll? Setting aside your funds in a dependent care account can save you between $1,000 – $1,500 a year!*

*contributing the maximum allowed for married, filing jointly at $5,000 at a 20%–30% tax savings.

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Dependent Care FSA