Save Now and For the Future with Health Equity
An HSA, or Health Savings Account, is a unique tax-advantaged account that can be used to pay for current or future healthcare expenses. When combined with a high-deductible health plan, it offers savings and tax advantages that a traditional health plan can’t duplicate. With an HSA, you will have:
- A tax-advantaged saving account that they can use to pay for eligible medical expenses as well as deductible, co-insurance, prescriptions, vision, and dental care.
- Unused funds that will roll over year to year. There’s no “use it or lose it” penalty.
- Potential to build more savings through investing. Employees can choose from a variety of HSA self-directed investment options with no minimum balance required.
- Additional retirement savings. After age 65, funds can be withdrawn for any purpose without penalty but may be subject to income tax if not used for qualified medical expenses.
For more information about Health Savings Accounts with Health Equity, click here.
For information about Health Savings Accounts, contact Lori Fennessey at (970) 390-3706 or firstname.lastname@example.org.