Like a personal savings account for your health needs, a Health Savings Account (HSA) from SelectAccount helps you plan, save and pay for qualified medical expenses with tax-advantaged funds.
Prepare
An easy way to pay for your health care expenses - now or later
- Use your SelectAccount HSA with your high-deductible health plan to pay for current or future health care costs - some of which may not be covered by your health insurance plan.
- SelectAccount gives you quick, easy access to your HSA dollars, allowing you to pay for your medical expenses.
- The money you contribute to your account is yours no matter what - take your savings with you if you change employment or retire.
Save
Tax advantages and competitive interest rates help your savings grow
- Contributions made to your HSA are exempt from federal income tax, so you pay fewer taxes.
- Save on every dollar you spend - HSA dollars spent on qualified medical expenses are tax-advantaged.
- Interest earnings and investment gains on your HSA account are tax-advantaged, making it easy to grow your savings.
Invest
An investment in your health and financial security
- SelectAccount offers three HSA plans including the Premium Saver which offers industry leading rates on your medical savings.
- Grow your savings for future medical expenses with access to several popular mutual fund options.
- Your HSA dollars remain available no matter what - there are no "use it or lose it" rules and the funds roll over from year-to-year while your savings continue to earn interest.