Employer Health Savings Account

A Health Savings Account (HSA) is a tax-advantaged savings account, frequently used in combination with a High Deductible Health Plan (HDHP), which offers you and your employees a new way to manage healthcare expenses. With an HSA, you can cover qualified medical expenses and benefit from the tax savings:

  • Tax deductions on contributions
  • Tax-free account growth through interest and investment earnings*
  • Tax-free withdrawals for qualified medical expenses
  • Health insurance plans with higher deductibles typically offer lower premiums.
  • Funds can be used for current medical expenses or saved for future needs. Plus, they roll over year to year.
  • Even if employees change jobs, their HSA account goes with them. It is completely portable.

Other Advantages You’ll See

Go to the Employer HSA Portal

Contact Us for more details.

*Investment products are not FDIC insured; are not deposits or obligations of, or guaranteed by the bank; and may be subject to investment risks, including the possible loss of principal.

Consult your tax advisor.

HSA Custodian, Optum BankSM, Member FDIC