Health Savings Accounts
You and your employees can save now toward future medical expenses with an HSA from Farmers & Merchants.
HSAs can help your company and employees manage increasing insurance costs while simultaneously offering employees more flexibility in how they spend healthcare dollars.
Questions?- Summary
- Lower premiums
- Potential lower rate increases
- Plan benefits all employees
- Reduced FICA payments
- Employee retention
Employee Benefits of an HSA
- Interest bearing
- Use funds on any qualified medical expense
- Contributions are tax deductible
- Earnings are tax-deferred
- Reduce High Deductible Health Plan costs
- Unused funds go toward retirement
- Free debit card
