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.
Taking care of our health is a top priority, but it can also be expensive. Luckily, pre-tax savings benefits like FSAs and HSAs can help
As a leading pre-tax benefits provider, Benefit Resource (BRI) has actively participated in various events to showcase our innovative solutions and expand our network. We recently attended several industry gatherings and plan to attend more in the near future. This blog post will update you on what tradeshows we’ve been to and what shows we plan to attend. For those always on the lookout for the latest employee benefits, this post is for you!
As an employer, you want to support your employees’ health and financial well-being. Offering a Health Savings Account (HSA) can be a valuable tool to
Health Savings Accounts provide a unique opportunity for employees to start saving for medical expenses today and into the future.
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HSA Custodial Services are provided by a separate financial institution. See your HSA Account Agreement for specific account terms.
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