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.

Details

Employer Benefits:

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

Employee Benefits:

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

For more information, see our Personal Health Savings Account.

*Consult a tax advisor.