Tax Advantaged Accounts

Manage your money wisely with these tax advantaged accounts.

Health Savings Account (HSA)
Health Care Flexible Spending Account (FSA)
Dependent Care FSA
Commuter Benefit Accounts

Health Savings Account (HSA)

The Cigna and Kaiser HDHP with HSA Plans qualify as a high deductible health plan, giving you access to a tax advantaged Health Savings Account (HSA).
Health Savings Accounts are terrific tax-efficient savings accounts that allow you to put aside pre-tax dollars out of each paycheck to pay for future medical, dental and vision expenses. HSA funds never expire – they are yours forever, even if you leave Ambarella. These funds roll over each year, allowing you to build a savings account for health care expenses or for retirement.

Once your HSA balance reaches $1,000, you may invest these funds and let them grow tax-free.
After age 65, you can spend HSA money on unqualified expenses without paying a tax penalty, but you are subject to applicable income taxes.

Learn more about the Health Savings Accounts and eligible expenses.

HSA Resources

2025 HSA Contribution Maximums (employer and employee contributions combined)

$4,300 for employee only coverage on the Cigna or Kaiser HDHP medical plan
$8,550 for employee plus family coverage (enrolled with one or more family members on the Cigna or Kaiser HDHP medical plan)

In addition to the money that you may elect to set aside from each paycheck, Ambarella will fund your HSA for 2025. The total HSA contribution will be received in January.

If you cover only yourself, Ambarella will contribute $750 per year
If you cover yourself and one or more dependents, we will contribute $1,500 per year

Contributions to HSA	Ambarella Annual HSA Contribution	Maximum Annual Employee Contribution	2025 IRS Maximum Contribution
		Book It
		Book It
		Book It
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Individual

Family

$750

$1,500

$3,550

$7,050

$4,300

$8,550

Your Health Savings Account is administered through P&A.

For questions, you may contact P&A at:

716-852-2611

or visit P&A Group - Administered Around You

View the HSA Infographic

View HSA Contribution Rules

Flexible Spending Accounts (FSAs)

Flexible Spending Accounts (FSAs) allow you to set aside a portion of each paycheck on a pre-tax basis in order to pay for planned upcoming healthcare and dependent care expenses.

Health Care FSA: You may contribute up to the 2025 IRS limits of $3,300 for Health Care FSA. Reimbursements for claims incurred during the 2025 plan year must be submitted by March 31, 2026. The Health Care FSA includes a carryover provision which allows up to $660 of unused funds to carry over into the 2026 plan year. There are two types of Health Care FSAs:

General-Purpose Health FSA – For employees who are enrolled in the Cigna OA and PPO or Kaiser Traditional HMO medical plans. You may use traditional FSA dollars to pay for eligible medical, dental and vision expenses throughout the year, such as copays, deductibles, and other health related services.

Learn more about the General Purpose Health Flexible Savings Accounts and eligible expenses.

Limited-Purpose Health FSA – For employees who are already enrolled in a Health Savings Account (HSA) but want to set aside additional pre-tax dollars to pay for planned upcoming healthcare expenses. Important note – Limited-Purpose FSA dollars may only be used to pay for eligible dental and vision expenses, until you have met your medical plan deductible. Once you’ve met your medical plan deductible, you have the option of converting your Limited Purpose FSA so that it will begin also covering medical expenses.

Learn more about the Limited Purpose Flexible Spending Accounts and eligible expenses.

Dependent Care FSA - is used for eligible dependent care expenses for children under the age of 13 or dependent adults. You and your spouse must both work or be a full-time student in order to participate. The annual limit for the Dependent Care FSA is $5,000 for an individual, or $2,500 for each spouse if married, filing separately

Learn more about the Dependent Care Flexible Spending Accounts and eligible expenses.

Your Flexible Spending Account is administered through P&A.

For questions, you may contact P&A at:

716-852-2611

or visit www.padmin.com

FSA Resources

View Complete List of Eligible Healthcare FSA Expenses

Commuter Benefit Accounts

Commuter Benefits is a pre-tax option available for eligible transit or parking costs. The Commuter Benefits plan allows employees to set aside pre-tax dollars each month to pay for qualified, work related transit and parking expenses. Maximum contributions are listed below.

Transit monthly maximum: $315
Parking monthly maximum: $315

Eligible Expenses

Transit Benefits: pass, token fare card, voucher that entitles the employee to transportation or mass transit for purposes of commuting to and from work
Parking Benefits: business premises, parking lot, location from which an employee carpools to work

Ineligible Expenses: Tolls, gas, mileage, carpool, taxi fares.

You are not eligible if you are receiving a car allowance.

Clipper Card – Bay Area Participants

Your debit card can be used to add funds to the Clipper Card. The Clipper Card is accepted by most Bay Area transit providers. When you use your Igoe debit card as your primary method to add funds to your Clipper Card, it is important that you provide Clipper with a secondary payment option just in case there are not enough funds available on your Igoe debit card to fulfill an order.

Learn more about the Commuter Benefits and eligible expenses.