Health Savings Account (HSA)
Health Savings Account (HSA)

Health Savings Account (HSA)

    Summary

    Keep your employees in good health — and happy in their jobs — when you offer a Health Savings Account (HSA). An HSA works in tandem with a high deductible health plan, helping account holders cover qualified medical expenses with tax-advantaged* savings.

    Better yet, HSAs require no administrative burden on your part. It's an employee benefit your entire company can feel good about.

    • Several benefits for employers, including:
    • No administrative burden
    • Can increase employee satisfaction
    • Makes for a more popular benefits package
    • Employees can save for future medical expenses
    • Employees earn interest and pay medical bills tax-free*
    • Easy for employees to access their health savings
    • Accounts are owned by the employee, not the employer

    Annual contribution limits are set by the IRS.

    *When used for qualified medical expenses. Consult a tax advisor.

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