Health Savings Accounts (HSAs)

Our health savings accounts have some distinct advantages to our members: HSA Administration for School Districts

  • Unlike FSAs, HSAs have no use it or lose it stipulation. The money rolls over year to year.
  • The ability to make additional deposits in person, by mail or online, including same day deposits
  • No monthly service charges
  • Instantly issued Visa debit card
  • Earns dividends or funds can be invested
  • Local, trusted employees to support HSA holders

 

Eligibility

An eligible individual is someone who:

  1. is covered under a high deductible health plan (HDHP),
  2. is generally not covered by any health plan that is not an HDHP,
  3. isn’t enrolled in Medicare or has not received VA medical benefits in the last three months,and
  4. isn’t eligible to be claimed as a dependent on another person’s tax return.

 

Learn More About HSAs