Health Savings Account (HSA)

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About HSA

An HSA helps employees save in advance for future medical expenses. Both you and your employees can contribute to the account tax-free, and balances over $100 earn competitive, tiered interest. Employees can pay for qualified medical expenses at anytime — without paying a penalty for withdrawal.

Provide great benefit to employees
Helps retain and attract good employees
Contributions are tax-deductible
Reduced insurance premiums
Little administrative burden

Interest-bearing account
Use funds on any qualified medical expense
Contributions are tax-deductible
Earnings are tax-deferred
Reduce the High Deductible Health Plan (HDHP) costs
Unused funds go toward retirement
Free debit card

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