HSA Bank





Offer your employees the right balance between coverage and savings. A Health Savings Account (HSA) is a tax-favored account that helps your employees plan for future medical costs. With their HSA, your employees can make tax-free contributions from their paychecks, and much like a 401K, you can contribute as well. But unlike a 401K, your employees can use their HSA funds whenever they want for medical expenses not covered by their health plan. Member advantages include:

  • Lower monthly minimums ($3,000 vs $5,000)
  • Lower monthly fees if you drop below the minimum ($2.25 vs $2.50)
  • No charge for paper statements
  • No minimum required to invest in mutual funds, no fees
  • Account is portable. You can change insurance companies and will not have to open a new account
  • Online Enrollment tools for new groups

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