HSA: The New Retirement Strategy

Save now and for the future.

How an HSA Works

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An HSA paired with an HSA-qualified health plan allows you to make tax-free contributions to a federally insured savings account.

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HSA-qualified health plans typically cost less than traditional plans and the money saved can be put into your HSA.

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HSA balances earn tax-free interest and can be used to pay for qualified medical expenses.

View all qualified medical expenses

An HSA paired with an HSA-qualified health plan allows you to make tax-free contributions to a federally insured savings account.

HSA-qualified health plans typically cost less than traditional plans and the money saved can be put into your HSA.

HSA balances earn tax-free interest and can be used to pay for qualified medical expenses.

View all qualified medical expenses

Watch this introduction on how HSAs save the day.

HSA: Empower Savings Now and for the Future

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Lower monthly health insurance premiums.

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With an HSA, you own the account and all contributions, even if you change health plans, retire or leave your employer.

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Money put into your HSA is not taxed and you earn tax-free interest on HSA balances.

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Unlike flexible spending accounts, the entire HSA balance rolls over each year.

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You don’t have to be healthy or wealthy to benefit from an HSA – just wise! Answer two simple questions and see how you can win with an HSA.

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You can invest your HSA funds for increased tax-free earning potential .

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Lower monthly health insurance premiums.

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With an HSA, you own the account and all contributions, even if you change health plans, retire or leave your employer.

Icon

Money put into your HSA is not taxed and you earn tax-free interest on HSA balances.

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Unlike flexible spending accounts, the entire HSA balance rolls over each year.

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You don’t have to be healthy or wealthy to benefit from an HSA – just wise! Answer two simple questions and see how you can win with an HSA.

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You can invest your HSA funds for increased tax-free earning potential .

Who Is Eligible for an HSA?

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You are covered by an HSA-qualified health plan and have no other health coverage, such as other health plan, Medicare, military health benefits, medical FSAs.

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You cannot be claimed as a dependent on another person’s tax return.

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Need to transfer your HSA?

Download the form.

Maximize Your Savings

To take full advantage of tax savings and to build a reserve for the future, it is suggested that you maximize your contributions as set by the IRS:

Comparison Table

HSA: The new retirement strategy

The average American couple will need $301,000 to cover out-of-pocket health care costs in retirement. An HSA can help fill this Medicare gap as well as dental, hearing and vision expenses. Qualified medical expenses remain tax-free , even into retirement. In addition, after age 65, you can use your HSA much like a 401(k) and withdraw funds for any purpose.

Invest Your HSA

A comprehensive line-up of mutual funds is offered with options designed to fit your individual needs.

Advisor™

Powered by
HealthEquity Advisors, LLC

Web-based guidance designed to diversify your portfolio and can even manage the trading of mutual funds for you.

Save Now, Cash in Later

Earn tax-free interest on your HSA balance when you pay medical expenses out of pocket and reimburse yourself later.

Future Balance Calculator

Estimate how much you’ll be saving with your HSA dollars and in taxes for retirement.

Invest Your HSA

Advisor™

Powered by
HealthEquity Advisors, LLC

Save Now, Cash in Later

Future Balance Calculator

A comprehensive line-up of mutual funds is offered with options designed to fit your individual needs.

Web-based guidance designed to diversify your portfolio and can even manage the trading of mutual funds for you.

Earn tax-free interest on your HSA balance when you pay medical expenses out of pocket and reimburse yourself later.

Estimate how much you’ll be saving with your HSA dollars and in taxes for retirement.