Services
HSA
health savings account
HSA’s help employers and employees reduce healthcare costs when paired with a qualified high-deductible plan (HDHP). This is the most powerful pre-tax investment vehicle, offering 7.65% greater savings than a 401(k) at time of deposit and the ability to be taxed as ordinary income after age 65 upon withdrawal. Most people use them as a spending account, but investments are on the rise!
What is an HSA ?
A portable individual-owned bank account that allows pre-tax contributions, tax free interest, and tax free withdrawals for qualified expenses.
Services
How it works ?
Employee enrolls in HDHP and an HSA. Employee, employer, or both contribute money, which is placed in a custodial account. Employee spends money on qualified expenses and grows the account balance, which they can invest and use later.
Employees Benefits
- Maximize healthcare savings for the future
- Market leading interest rates on secure, FDIC-insured deposits
- Investment options with best in class mutual funds
- No fees for online account use
- Store and view real-time healthcare spending information on our 24/7 online dashboard
Employers Benefits
- Manage plan design and option configuration based on our experience with employers and best practices across the country
- Educate staff through training on products, launch, enrollment, payroll and reporting
- Receive insightful data regarding utilization of the accounts in your population through trend reporting
