HSA, FSA and Commuter Benefits

Health Savings Account (HSA)

An HSA is a triple tax-advantaged account available to you if you are eligible and enroll in the CDHP 2500 Plan or CDHP 1700 Plan.

What to know:

  • You decide how much to contribute through pre-tax payroll deductions.
  • We help you build savings and prepare for unexpected expenses by making bi-weekly contributions to your HSA if you are enrolled in the CDHP 2500 Plan or CDHP 1700 Plan. Our contributions (and yours) count toward the annual HSA limit.
  • Your HSA grows tax-free with interest and investment earnings if you invest your balance over $1,000.
  • You can use the money to pay for eligible health care expenses with tax-advantaged dollars.
  • The funds in your account are yours to keep – you can carry over a balance from year to year to save for when you really need it or for retirement.
  • If you leave Dover or retire, the account (and all of the money in it) goes with you.

Invest Your HSA Balance to Build Your Savings

Once your HSA has a balance of $1,000, you can use it to expand your investment portfolio. The HSA Invest program offers three investment options with different levels of support to help build long-term retirement savings so you are prepared to cover future health care costs. You can choose the option that offers the right amount of guidance for you, depending on your comfort with investing.

Flexible Spending Accounts (FSA)

An FSA is a tax-advantaged account to help you pay for eligible expenses. Set aside money on a pre-tax basis, then use it to help pay for eligible health care and dependent care expenses. The money you save equals the amount you would have paid in taxes. If you typically pay 30% in taxes, it would be like paying $70 for something that costs $100.

  • Health care FSA: Eligible to participate if you enroll in the PPO 750 Plan. Allows you to save up to $3,300 pre-tax. Use it within the plan year (2026), or you lose what’s left over due to IRS regulations.
  • Limited-purpose FSA: Works with the CDHP 2500 Plan or CDHP 1700 Plan. Used only for eligible dental and vision expenses (your HSA is used for medical expenses). Once your deductible has been met, you may also use this account to help pay for medical and prescription drugs.
  • Dependent care FSA: Used for dependent day care expenses (not health care). Save up to $7,500 pre-tax if you are married and file a joint tax return or if you are single, and $3,750 pre-tax if you are married and file separate tax returns. Must be used within the plan year (2026) or you lose what’s left over due to IRS regulations.

Learn more.

Contact HSA Bank for HSA- and FSA-related questions

Go to enterprise.hsabank.com or call 1-855-731-5220.

Validate Your Beneficiary

Make sure your beneficiary information is complete for your HSA:

  • Beneficiary’s full legal name
  • Address
  • Phone number

If your beneficiary is an estate, trust, organization or trustee(s), provide that entity’s full legal name, address and phone number. You can make updates anytime during the year. For spouse or child coverage, you are always the beneficiary.

Go to enterprise.hsabank.com to update or choose your beneficiary.

Commuter Benefits

We offer the opportunity to pay for eligible transit and parking expenses using pre-tax money through our commuter benefits.* There is no ‘use-it-or-lose-it’ rule so your commuter funds never expire while you’re employed at Dover.

You can activate, pause, change or update your benefits any time during the year – no need to wait for benefits annual enrollment.

Who is eligible
Team members who commute to work, whether you drive, take public transportation or use a park and ride
How much you can contribute
Up to $325 per month, per account
Eligible expenses for transit accounts
  • Passes, tokens, fare cards, vouchers, etc. entitling you to ride a mass transit vehicle to or from work
  • Transit vehicle may be publicly or privately operated and includes train, bus, streetcar, vanpool (qualifications apply), ferry
Eligible expenses for parking accounts
  • Parking expenses (meter, lot, garage) incurred at or near work or a location from which you continue your commute to work by carpool, vanpool or mass transit

Not eligible: Parking near your home, tolls, gas, mileage, personal commuting expenses, rideshare and expenses for your spouse or dependents.

*Commuter benefits are tax-free fringe benefits, authorized by the Internal Revenue Code 132(f).

Tax-free Commuter Benefits for Our Team Members

See how much you can save by going to healthequity.com/Learn/Commuter.

How to Enroll

  1. Go to healthequity.com/wageworks and select “LOG IN/REGISTER” and then “Employee Registration”
  2. Select your transit and/or parking options
  3. You can make one-time orders or set your order as recurring monthly

Note: You must make your election by the 10th of each month to be effective the 1st of the following month. Call 1-877-924-3967 to learn more.

Tax-free Commuter Benefits for Our Team Members

See how much you can save by going to healthequity.com/Learn/Commuter.

How to Enroll

  1. Go to healthequity.com/wageworks and select “LOG IN/REGISTER” and then “Employee Registration”
  2. Select your transit and/or parking options
  3. You can make one-time orders or set your order as recurring monthly

Note: You must make your election by the 10th of each month to be effective the 1st of the following month. Call 1-877-924-3967 to learn more.