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Traeger / Health Care Accounts

How long do I have to use my funds?How do I pay for my health expenses before taxes?Does Traeger contribute to these accounts?What is the maximum contribution for these accounts?

Plan Options: Health Reimbursement Account (HRA) through Garner, Health Savings Account (HSA) through Optum Bank, Flexible Spending Account (FSA) through BBP Admin, and Limited Purpose Flexible Spending Account (LPFSA) through BBP Admin
Health care accounts can be used to help offset your out-of-pocket health care expenses, including co-pays, prescriptions, glasses, and lab work. Depending on the type of health care account that is paired with your medical plan, you and Traeger may be able to contribute to the account.

CONTACT BETTER BUSINESS PLANNING:
(630) 773-2337 | betterbusinessplanning.wealthcareportal.com

CONTACT GARNER:
(866) 761-9586 | garnerguide.com/traeger-pellet-grills | [email protected]

CONTACT OPTUM BANK:
(866) 234-8913 | optumbank.com

Health Care Account Options

Garner helps you find the best doctors and reimburses you for qualifying out-of-pocket medical costs up to $5,000 per employee and $10,000 per family.

Garner has the largest medical claims database in the United States and is able to objectively determine Top Doctors who practice medicine on the latest medical research, successfully diagnose problems, get the highest patient satisfaction ratings, and produce the best patient outcomes.

Costs from doctors with a Top Provider badge qualify for reimbursement as long as the service is in-network and covered by your health insurance plan. After you find a Top Provider on the Garner Health app or website, they are automatically added to your list of approved providers as soon as they are visible on your screen.

Out-of-pocket medical costs from approved providers qualify for reimbursement after the date they are added. This includes copays, office visits, medical tests and even major surgeries for you and family members on your health insurance plan.

How Garner works:

  • Create your Garner account by visiting garner.guide/create.
  • Search Garner for a Top Provider by symptom, procedure or doctor name.
  • Pay any upfront costs for copays as you normally would.
  • Your approved provider will submit the costs for your visit to your medical carrier.
  • Garner will automatically receive your claim information from your medical carrier. Your reimbursement check will be mailed in approximately 6-8 weeks after you receive care (or receive the ACH deposit sooner).
 
Health Savings Account
Which plans is this account available for?
High Deductible Health Plan
Do I need to be enrolled in a medical plan?
Yes
What would I use this account for?
To save for future health care expenses, but also to pay for eligible health care expenses, including dental, vision and prescription medication, now.
What is the maximum amount that Traeger and I combined can put into this account?
$4,300 Employee-only
$8,550 Family coverage
If you’ll be at least 55 years old in 2024, you can make an additional $1,000 catch-up contribution.
What does the company contribute?
Employee Only
Employee + Spouse
Employee + Child(ren)
Employee + Family
$800 / Year
$1,600 / Year
$1,600 / Year
$1,600 / Year
Are there investment options?
Yes, if you have more than $2,000 in your HSA, you can invest it, and any growth is generally tax free.
When are the funds available?
Your contribution amount is available as it comes out of your paycheck each pay period — so your entire contribution amount is not available at the beginning of the year or when coverage starts.
Traeger's contributions are also available each paycheck.
What happens if I don’t use the money during the year?
All unused funds will roll over to the next year.
You can take HSA funds with you when you leave the company or retire.
 
Flexible Spending Account
Which plans is this account available for?
Traditional Copay Plan
Do I need to be enrolled in a medical plan?
No
What would I use this account for?
Eligible health care expenses, including dental, vision, and prescription medication.
What is the maximum amount that Traeger and I combined can put into this account?
$3,300 is the IRS pretax contribution limit.
What does the company contribute?
Traeger does not contribute to this account.
Are there investment options?
No.
When are the funds available?
Your entire contribution amount is available at the beginning of the year.
What happens if I don’t use the money during the year?
You have until March 15, 2026 to incur eligible expenses. Per IRS regulations, you forfeit any money in your account after March 31, 2026.
Any unused funds upon termination will be forfeited unless the employee enrolls in COBRA.
 
Limited Purpose Flexible Spending Account
Which plans is this account available for?
You must be enrolled in a High Deductible Health Plan in order to be considered eligible for this account.
Do I need to be enrolled in a medical plan?
Yes.
What would I use this account for?
This health care account has to be paired with an HSA and you can only use it for eligible vision and dental expenses.
What is the maximum amount that Traeger and I combined can put into this account?
$3,300 is the IRS pretax contribution limit.
What does the company contribute?
Traeger does not contribute to this account.
Are there investment options?
No.
When are the funds available?
Your entire contribution amount is available at the beginning of the year.
What happens if I don’t use the money during the year?
You have until March 15, 2026 to incur eligible expenses. Per IRS regulations, you forfeit any money in your account after March 31, 2026.
Any unused funds upon termination will be forfeited unless the employee enrolls in COBRA.

This information is designed to help you choose a benefit plan for 2025 only. Please refer to the Plan Documents provided by the carrier for information regarding coverage, limitations, and exclusions. If there is a difference between this guide and the Plan Documents, the Plan Documents prevail.