Health Savings Accounts are governed by Internal Revenue Code (IRC) 223. Health Savings Accounts (HSAs) allow individuals who are covered by an HSA-compatible health plan, also referred to as a qualified high deductible health plan, to save money to pay for eligible medical expenses on a tax-free basis. HSAs are individually-owned by employees, automatically carry over for future use and have tax-free earning potential through interest or investments.
* Non-deposit products, such as mutual funds, that may be held in the HSA are not FDIC insured, are not guaranteed, and may lose value.
In the dynamic landscape of the modern workforce, employers and HR professionals are faced with the challenge of not only attracting top talent but also
As the winter months roll in, many employees can experience a dip in their morale due to factors like cold weather, shorter daylight hours, and
October 15th is National HSA Awareness Day and it’s the perfect opportunity to educate yourself, and others, about the many benefits HSAs provide. Health Savings
Health Savings Accounts provide a unique opportunity for employees to start saving for medical expenses today and into the future.
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Rochester NY 14623-4277
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The Beniversal and eTRAC Prepaid Mastercards are issued by The Bancorp Bank, N.A., Member FDIC, pursuant to a license by Mastercard International Incorporated and may be used for eligible expenses everywhere Mastercard is accepted. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.
HSA Custodial Services are provided by a separate financial institution. See your HSA Account Agreement for specific account terms.
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