Health Savings Accounts (HSA)
A Health Savings Account (HSA) helps participants save money on health care. HSAs are designed to help employees manage medical expenses and reduce the continuing increase in health care expenses by making them a part of the medical services decision process.
Unused funds can eventually become part of the employee's retirement account, even if he terminates employment. Funds in the account can grow tax-free through investment earnings, just like an IRA In short, if an employee doesn't use all the money in the HSA for medical expenses, it can accumulate as tax-free savings for retirement. One final benefit, HSAs can pay for many more procedures than were ever allowed before by government sponsored programs.
Health Savings Accounts (HSA) Quote Request
Please take a moment to fill out the form below and one of our local insurance agents will contact you with a free, no-obligation quote. This information will be kept confidential and will be used for quote purposes only.
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