A Health Savings Account (HSA) is like a 401(k) for your health. You and/or your employer can make contributions to your account each year. If you don't use all the money in your account, the balance rolls over to following years. Those dollars continue to earn interest — and continue to be available for medical expenses year after year.
An HSA is a tax-exempt trust or custodial account in which you can save money for qualified medical expenses. Benefits include:
Based on valued customer feedback, SelectAccount offers three Health Savings Account options. You can choose from three administrative fee and interest-rate options, which give you greater flexibility to manage your account. If your HSA has been set-up by your employer, an option has been selected for you.
You can apply online for an HSA.
You can login to view account status, request withdrawals, change contribution amounts, activate a self-directed Basic Investment Account, and more.
If you already have a Basic Investment Account, you can view the account here.
For questions about the health savings account, please call (651) 662-5065 or toll free at 1-800-859-2144. Our customer service representatives are available Monday-Friday, 7:00 a.m.-7:00 p.m. (Central Time).