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HSA
from HSA
BENEFITS THIRD-PARTY ADMINISTRATOR
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A Health Savings Account is a popular option for employees who elect one of the increasingly prevalent High Deductible Health Plans.
HSAs are triple-tax advantaged: funds saved in the account are tax-exempt, interest and earnings gained in the savings account are tax-exempt, and payments made from the HSA for qualified expenses are tax-exempt Participants own their individual HSAs and it can travel with them from employer to employer, in retirement and during unemployment HSA contributions roll from year to year; there is no deadline for using the funds and the FSA use-it-or-lose-it rule does not apply HSAs can become a supplemental retirement account. While health expenses continue to be eligible expenses for retirees, in addition, retirees can pay for any expense from their HSA with no additional tax penalties B3PA has partnered with HealthC
are Bank to act as the HealthCare Bank for our HSA clients HeathCare Bank offers a full suite of investment options for HSA account holders with account balances exceeding $2,000 B3PA fully integrates HSA accounts with our Limited or Post-Deductible FSA Options, allowing your employees to get even more tax advantage reimbursement savings The Provider Pay and Claims Integration features B3PA offers which are most advantageous to HSA clients
Phone: 833.237.2236 | Email: support@b3pa.com