A Health Savings Account (HSA) can make it easier to save the funds you need to pay your medical deductible and other out-of-pocket expenses.
If you are enrolling in a qualifying, high-deductible health plan, you can build a tax-free HSA with a bank or financial institution of your choice. We've joined forces with HealthEquity® so you can set up an integrated HSA with one of our trusted partners.
You don’t pay federal taxes on HSA dollars that you put into your account, and most states also exempt these funds from taxes (except CA). Your employer can also put funds into your account before tax.
The money you or your employer contribute to the HSA is yours to keep and use for health expenses, even if you change jobs.
Your account balance rolls over each year and remains available for qualified medical expenses, even if you change health plans, retire or change jobs. You do not give up unused funds in your account at the end of the year.
The money you save in an HSA can be used to cover eligible IRS-approved expenses like:
If you have activated your HSA with HealthEquity, you can access your account to view your account balance and transactions. If you have any questions about your HSA, please contact HealthEquity’s HSA-certified Member Services Specialists at
*Note regarding tax-free statements: HSAs are never taxed at a federal income tax level when used appropriately for qualified medical expenses. Also, most states recognize HSA funds as tax-free with very few exceptions. Please consult a tax advisor regarding
your state’s specific rules.
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