Health Savings Account
TMG offers health insurance coverage which qualifies as a High Deductible Health Plan (HDHP). As a result, participants are able to elect to contribute pre-tax earnings into a Health Savings Account (HSA). HSA account holders are able to withdraw tax free in order to pay for eligible medical expenses (see below). For more on HSA's, see this surprisingly readable IRS publication.
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TMG will make employer contributions to your eligible HSA if you are enrolled in TMG’s health care plan once you have successfully set it up. Please reach out to benefits@transmarketgroup.com in order to link your account to your contribution election(s).
The 2026 employer monthly contributions are as follows:
Employee: $70.84 ($850.08 annually)
Employee + Spouse: $141.66 ($1,699.92 annually)
Employee + Children: $283.34 ($3,400.08 annually)
Employee + Family: $283.34 ($3,400.08 annually)
There are many brokerages that have HSA options. We currently suggest Fidelity, accounts take less than a week to set up and allows automatic investing.
The contribution amounts and timelines by election type are detailed below. Keep in mind that employer contributions count towards individual annual maximum contribution allowances. We recommend you consult your tax adviser when determining your per pay cycle contribution amounts.
