This site may contain links to third-party content, which may be articles, videos, or calculators, regarding health plans only as a convenience. 0000017102 00000 n which qualified medical expenses3 to pay with your HSA. 0000018526 00000 n 0000094387 00000 n Under no circumstances is First American Bank offering any of the HSA investment options and First American Bank makes no representations with respect to the investment options offered. Bank of America customer service information is designed to make your banking experience easy and efficient. Bank of America HSA integrates nicely with both of them. 2/14/2021 or operate. In order to set up accounts with WEX Health or HSA Bank, we recommend that you contact Admin America’s sales team. If you would prefer to send personal contributions and claim a tax deduction when you file your tax return, you are able to do so through the program’s flexibility. The HSA for Life is intended to qualify as a Health Savings Account as set forth in Internal Revenue Code Section 223. If you receive distributions for other reasons, the amount you withdraw will be subject to income tax and may be subject to an additional 20% tax. } 0000049011 00000 n document.write("Exp - "); If you're enrolled in this security feature, we sent a notification to your registered device. Investments in mutual funds are held in an omnibus account at MLPF&S in the name of Bank of America, N.A. 0000000016 00000 n 2 “Never Lose it” refers to account portability and annual rollover of accumulated assets; it does not imply you cannot lose money. 1"Never Lose it" refers to account portability and annual rollover of accumulated assets, it does not imply you cannot lose money. The CIO, which provides investment strategies, due diligence, portfolio construction guidance and wealth management solutions for GWIM clients, is part of the Investment Solutions Group (ISG) of GWIM. Trust and fiduciary services are provided by Bank of America, N.A. Those programs are sponsored and maintained solely by the employer. 0000023642 00000 n 0000187841 00000 n Bank of America's HSA Website: Customer Service . Top 6 reasons to use a health savings account, Tap into the triple tax power of a Health Savings Account. Latin America; History & heritage. You should consult your legal and/or tax advisors before making any financial decisions. About Triple Tax Advantages: You can receive tax-free distributions from your HSA to pay or be reimbursed for qualified medical expenses you incur after you establish the HSA. For the Seavers, taking advantage of the HSA triple tax advantageFootnote1 is an important part of their plan for managing their current and future health care costs. medical expenses like doctor visits, vision and dental care, and prescriptions. Investments in mutual funds are held in an omnibus account at MLPF&S in the name of Bank of America, N.A. This website is meant to help HSA consumers navigate the large variety of HSA providers. The HSA is governed by the Custodial Agreement. 0000009759 00000 n (“BANA”), for the benefit of all HSA account owners. Some articles, videos and calculators may have been written and produced by third parties not affiliated with Bank of America or any of its affiliates. 0000049939 00000 n America Launches Health Savings Account Digital Platform HSA Provider to 900,000 Individuals Through 4,200 Employer … launch of a digital platform for health savings accounts (HSA) to make the tax-advantaged savings vehicle more … with the Chief Investment Office (CIO). Bank of America makes available The HSA for Life® Health Savings Account as a custodian only. Mutual Fund investment offerings for the Bank of America HSA are made available by Merrill Lynch, Pierce, Fenner & Smith Incorporated (“MLPF&S”), a registered broker-dealer, Member SIPC and a wholly owned subsidiary of Bank of America Corporation (“BofA Corp.”). April 25, 2019 at 10:00 AM Eastern Bank of America today announced the launch of a digital platform for health savings accounts (HSA) to make the tax-advantaged savings vehicle more accessible and easier to use. Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. 0000026758 00000 n $1,000 investment threshold; A Bank of America HSA may be right for you if: You are satisfied with the investment options in the Bank of America investment lineup. The Custodial Agreement and the Plan Documents are collectively referred to as 'Account Documents'. 0000172090 00000 n ��`]��b�N )����� �Tf����s�%�%2Z�:A�5[�o��4���'�k�9�����B����*v{�%�R��|y��ʪ�S�����74��[2�BY��֞�n�4��`��lIN����ʶ��� %PDF-1.4 %���� The HSA for Life is intended to qualify as a Health Savings Account as set forth in Internal Revenue Code Section 223. 0000004663 00000 n Bank of America recommends you contact qualified tax or legal counsel before establishing a HSA. 0000018714 00000 n 0000027229 00000 n Visa is a registered trademark of Visa International Service Association, Bank of America and its affiliates are not tax or legal advisors. Let's take a look at some real-life scenarios and see how HSA savings can play out in various situations. The Bank of America HSA allows salaried employees the opportunity to contribute to their HSA through pre-tax payroll deductions and save on taxes immediately. 0000012467 00000 n Bank of America. startxref Once your account balance reaches $1,000 you are eligible to activate the investment feature of your account. 0000047316 00000 n trailer All rights reserved. Bank of America Corporation. and U.S. Trust Company of Delaware. The calculators are not intended to offer any tax, legal or financial advice and do not assure the availability of or your eligibility for any specific product offered by Bank of America or its affiliates. ("BANA") HSA are provided by Merrill Lynch, Pierce, Fenner & Smith Incorporated ("MLPF&S"), a registered broker - dealer, Member SIPC and a wholly owned subsidiary of Bank of America Corporation ("BofA Corp"). 0000028393 00000 n They are intended to provide a comparative tool for various consumer health care options and potential costs and savings of those options. Its owner is solely responsible for the website's 0000065452 00000 n 0000050194 00000 n 0000013170 00000 n 0000160776 00000 n We recommend that HSA applicants and/or employers contact qualified tax or legal counsel before establishing a Health Savings Account. Webster Bank NA is FDIC insured. There is no time limit on when to spend your HSA funds. 0000098138 00000 n 0000010463 00000 n 0000024261 00000 n hެRILa}��N[�d Mailing Address: Bank of America C/O Health Account Services PO Box 2203 Fargo, ND 58108: Phone Number: 1-800-992-3200: Back to the top. • If you already offer a Bank of America HSA, we can work with you to tailor educational programs to help you and your employees make the most of this valuable benefit. "Mutual Fund investment offerings for the Bank of America HSA are provided by Merrill Lynch, Pierce, Fenner & Smith Incorporated (“MLPF&S”), a registered broker-dealer, Member SIPC and a wholly owned subsidiary of Bank of America Corporation (“BofA Corp.”). *Please consult your tax advisor regarding state specific rules. This material should be regarded as general information on health care considerations and is not intended to provide specific health care advice. 0000079187 00000 n 0000013551 00000 n The HSA is governed by the Custodial Agreement. incur after you establish the HSA. competitive mutual funds which is a great way to supplement your longer term savings strategy. 0000101311 00000 n 0000042224 00000 n 0000029183 00000 n If you receive distributions for other reasons, the amount you withdraw will be subject to income tax and Bank of America Coronavirus Resource Center. Investments are not FDIC insured. Les prestations de Health Savings Account (HSA) chez Bank of America sont rapportées anonymement par les employés de Bank of America. Both are indirect subsidiaries of Bank of America Corporation. You can earn up to 0.07% interest annually, paid monthly, on the money in your account … 0000005156 00000 n 0000030257 00000 n xref 0000027712 00000 n They ranked third on Morningstar's 2019 list. 0000105184 00000 n 0000432358 00000 n An HSA offers tax advantages that help you keep more of your hard-earned money by providing the potential for: You decide how much money to save in your account (up to the IRS contribution limit) and Did you know that a health savings account (HSA) offers three separate tax benefits? Online account access makes it easy to submit claims and monitor accounts. 0000104845 00000 n Bank of America is nothing more than a claims administrator who performs ministerial administrative tasks with respect to such arrangements pursuant to agreement with the employer. The new digital platform offers … COVID-19 : ressources utiles NOUVEAU ! 0000009871 00000 n HSA Bank is a division of Webster Bank, N.A. Here is the concern. Our heritage; Our roots; The rise of an industry; The modern era; Technology & innovations; Better Money Habits® We've partnered with Sal Khan and Khan Academy to give you a simple, self-paced learning experience..... learn More about Better Money Habits® Empowering people with disabilities. 0000005270 00000 n One thing to note about Bank of America HSAs is that they charge a $2.50 per month maintenance fee, and they have a $1,000 minimum balance requirement if you want to invest. if(document.getElementsByClassName('arNo')[0].innerHTML != ""){ Verify your identity in the app now to sign in to Online Banking. 0000005006 00000 n 0000028935 00000 n 0000028985 00000 n All trademarks and service marks belong to Bank of America Corporation unless otherwise noted. 0000094472 00000 n You should consult a professional adviser regarding your personal situation. 0000020595 00000 n Wireless carrier fees may apply. 0000172051 00000 n endstream endobj 453 0 obj <>/Filter/FlateDecode/Index[93 253]/Length 31/Size 346/Type/XRef/W[1 1 1]>>stream Neither Bank of America nor any of its affiliates provide legal, tax, or accounting advice. Any interest or earnings on the assets in the account are tax free. care dollars. 0000003729 00000 n The Custodial Agreement and the Plan Documents are collectively referred to as 'Account Documents'. Webster Financial Corporation is one of the largest independent banks in New England. �vzKquH܇���Oc�ʟ���|[�P/.u3�3Լ.�׸�dF�F���a�_��%�ԇx���^�FA��4��Op�os�#�i�`�w��x���D%d���G��\�Z"ӳ3s���c+��#�����Yi3�J8�l��zP�)� �l�Y 0000116231 00000 n 0000006390 00000 n 4This HSA debit card program is issued by Bank of America, N.A. Free HSA Visa® debit card with no transaction fees4. If your employer offers an HSA from Bank of America, please follow the enrollment instructions they provided. The HSA for Life is intended to qualify as a Health Savings Account as set forth in Internal Revenue Code Section 223. Once your account reaches $1,000 you select the amount you want in your cash account and we will automatically manage the transfers to and from your investment account. 0000006944 00000 n ���BYZZ�R��"�RY4&j8`��XD�m��b����у/��41уO*WOr�!���|���ޛ�7? Bank of America makes available The HSA for Life® Health Savings Account as a custodian only. Your health care is directly tied to living financially well – especially as we live longer. 0000074221 00000 n 0000026809 00000 n 0000101180 00000 n 0000003694 00000 n 0000017506 00000 n If you would prefer, you also personal contributions and claim a tax deduction when you file your tax However, the payroll deduction feature is typically more convenient than making ons and claiming a tax deduction. The consulting expertise of Admin America combined with WEX Health and HSA Bank’s consumer products are the solution. 0000028672 00000 n First American Bank disclaims any and all liability, contingent or otherwise, for the performance of the investment options. 0000098053 00000 n 0000035682 00000 n Bank of America Private Bank is a division of Bank of America, N.A., Member FDIC and a wholly owned subsidiary of Bank of America Corporation. 0000105595 00000 n Please consult with your own attorney or tax advisor to understand the tax and legal consequences of your HSA, Health FSA and/or HRA plan or program offerings to your employees and your particular situation in your capacity as employer and/or plan administrator. c`b``Ń3� ����%0 0�� 0000022057 00000 n See how your savings can add up to help pay for medical needs now and in the future. Neither Bank of America nor any of its affiliates provide legal, tax, accounting or benefits consulting advice. Use your HSA to pay for doctor visits, trips to the pharmacy or even for qualified health care purchases when shopping online. All rights reserved. 0000028161 00000 n You're continuing to another website that Bank of America doesn't own 0000028112 00000 n Bank of America has not only internet banking and mobile banking, but it also has the HSA which stands for Health Saving Accounts. 0000089177 00000 n and is used by the issuer pursuant to license from Visa U.S.A. Inc. 5Data connection required. <<0C68D883A53C1649A9BBC38CC8A63D09>]/Prev 1102946/XRefStm 3302>> 0000019681 00000 n About. 0000084578 00000 n Make the most of your account over the long term by investing in a select menu of low cost, competitive mutual funds. Get answers to the most popular FAQs and easily contact us through either a secure email address, a mailing address or our customer service phone numbers. 0000101067 00000 n HSA Bank a National Leader in Health Savings Accounts. Bank of America offers a great option if you want to invest your HSA monies too. and U.S. Trust Company of Delaware. 0000102634 00000 n 0000012038 00000 n Keep these 6 benefits in mind when deciding if you want to set up and use a health savings account (HSA). ARPKNVDH Exp - 09/24/2020(Cobranding), © var today = new Date(); document.write(today.getFullYear()); It’s yours…for life, and the funds never expire. Pros & Cons. However, the account beneficiary that establishes the HSA is solely responsible for ensuring that he/she satisfies the Health Savings Account eligibility requirements set forth in Section 223. No investment fee; Investments can be automated; Online receipt storage tool; Feature rich investment offering; Cons. If an individual/employee establishes a Health Savings Account and he/she is not otherwise eligible, he/she will be subject to adverse tax consequences. Trust and fiduciary services are provided by Bank of America, N.A. 0000026135 00000 n Our dedicated Customer Care associates are available 24/7 to support you with any questions along the way. Your HSA belongs to you, so you can use the money in your account to pay for qualified health care expenses throughout your life—including retirement. 0000074704 00000 n 0000027434 00000 n 0000057478 00000 n 346 0 obj <> endobj 0000027006 00000 n Bank of America recommends you contact qualified tax or legal counsel before establishing an HSA. Talk with your Bank of America representative to learn more about the benefits of an HSA and the features of our offering. 0000007131 00000 n 0000116270 00000 n 0000027762 00000 n content, offerings and level of security, so please refer to the h�bb 0000028722 00000 n See something that needs to be updated? You may choose from a select menu of low cost, 0000028443 00000 n The investment portion of the HSA account is not FDIC insured, not bank guaranteed and may lose value. If you would like to view other Bank of America accounts you may have, visit www.bankofamerica.com and sign in to Online Banking using the Online ID and Passcode that you have established for Bank of America Online Banking.. No part of this site is intended to provide tax or legal advice. You can contribute funds into an HSA on a pre-tax basis to save for current and future medical expenses, putting you in charge of how you spend your health Bank of America does not sponsor or maintain the Flexible Spending Accounts or Health Reimbursement Arrangements that you establish. 0 The FSA and HRA are governed by the plan documents (including Summary Plan Description) established by your employer. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Bank of America Private Bank is a division of Bank of America, N.A., Member FDIC and a wholly owned subsidiary of Bank of America Corporation. Bank of America Private Bank is a division of Bank of America, N.A., Member FDIC and a wholly owned subsidiary of Bank of America Corporation. 0000007680 00000 n 0000023069 00000 n 0000069716 00000 n Online chat is also available on the member website. You may be able to claim a tax deduction for contributions you, or someone other tahn your employer, make to your HSA. www.irs.gov. Bank of America makes available The HSA for Life® Health Savings Account as a custodian only. 2907570 Exp-01/21/2021(global footer) 2907698 Mobile app not available on all devices. 0000027179 00000 n The Bank of America HSA allows salaried employees the opportunity to contribute to their HAS through pre-tax payroll deductions and save on taxes immediately. An HSA from Bank of America helps put you in control of your health care costs. Investments in mutual funds are held in an omnibus account at MLPF&S in the name of Bank of America, N.A. If you have questions regarding your particular health care situation, please contact your health care, legal or tax advisor. 0000179043 00000 n 0000053948 00000 n 346 109 The HSA for Life is intended to qualify as a Health Savings Account as set forth in Internal Revenue Code Section 223. The Bank of America HSA account comes with 24/7 customer support, which has mixed reviews, and a strong mobile app where you can manage all of your HSA account needs. Submit claims, check your balances and monitor your account all from your smartphone. 3The Internal Revenue Service publishes a list of qualified expenses in Publication 502, Medical and Dental Expenses available at 454 0 obj <>stream deduction for contributions you, or someone other than your employer, make to your HSA. The employer is solely responsible for ensuring that such arrangements comply with all applicable laws. 0000004856 00000 n Client Assistance Center (800) 357-6246 | (414) 978-5294 24 hours a day, 7 days a week 0000039864 00000 n Below is exactly what I see for security questions (sorry but I don't know how to upload a picture, or even know if its a possibility) ----- (NO QUESTION IS LISTED) %%EOF The FSA and HRA are governed by the plan documents (including Summary Plan Description) established by your employer. 0000009143 00000 n How are people using Health Savings Accounts to pay for health care? 0000020181 00000 n 0000021101 00000 n 0000032851 00000 n Bank of America offers both individual accounts as well as accounts for employers to offer the HSA benefits to their employees. 0000002527 00000 n 0000008272 00000 n 0000179004 00000 n 0000028058 00000 n 0000028008 00000 n 0000045594 00000 n A Health Savings Account can help you save money for out-of 0000025264 00000 n Any interest or earnings on the assets in the account are tax free. The investment portion of the HSA account is not FDIC insured, not bank guaranteed and may lose value. pocket medical expenses like doctor visits, dental and vision care and prescriptions. Mutual Fund investment offerings for the Bank of America, N.A. 0000022660 00000 n Please consult with qualified professionals to discuss your situation. Even if you change health plans, switch jobs or retire, your HSA goes with you. Pros. Please see your financial advisor for personal investment advice. Recommendations as to HSA investment menu options are provided to BANA by the Chief Investment Office (“CIO”), Global Wealth & Investment Management (“GWIM”), a division of BofA Corp. 0000004706 00000 n 0000102917 00000 n MLPF&S makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of BofA Corp. © var today = new Date(); document.write(today.getFullYear()); Bank of America Corporation. 0000011092 00000 n Plus, the added security of chip technology along with Visa’s zero endstream endobj 347 0 obj <>/Metadata 91 0 R/Names 348 0 R/Outlines 85 0 R/Pages 90 0 R/StructTreeRoot 93 0 R/Type/Catalog/ViewerPreferences<>>> endobj 348 0 obj <> endobj 349 0 obj <. 0000003302 00000 n Lending, other commercial banking activities, and trading in certain financial instruments are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. 0000047676 00000 n The planning tools and information calculators are illustrative only, and accuracy is not guaranteed. 0000027484 00000 n Both are indirect subsidiaries of Bank of America Corporation. We make investing easy for you. Bank of America makes available The HSA for Life® Health Savings Account as a custodian only. 2About triple tax advantage: You can receive tax-free distributions from your HSA to pay or be reimbursed for qualified medical expenses you 0000160737 00000 n 0000003484 00000 n In addition, an employer who makes contributions to an HSA of an ineligible individual may also be subject to adverse tax consequences. The HSA for Life is intended to qualify as a Health Savings Account as set forth in Internal Revenue Code Section 223. Hello, when attempting to set up my Bank of America HSA account, I am able to log in, and it pulls the correct security questions. 0000061333 00000 n website's posted privacy policy and terms of use. ��6f����L��`ܞPdp��$��'��ѩIazfœn)'2����>nTQS���c�w8���7 N�;8ti_����_��h����y�!ҷv��$r����&Qa���2L�*A���c����;�w[n�;t ��{���w^�E�u\�ºv��sL��o�*~�A e�o��l����O�L�OD���@���������kE�I��^���� L%�yU�)ӊ4繊"�+��(/�� 0000012705 00000 n "Bank of America" and "BofA Securities" are the marketing names used by the Global Banking and Global Markets divisions of Bank of America Corporation. Trust and fiduciary services are provided by Bank of America, N.A. A Health Savings Account (HSA) is a tax-advantaged personal savings account that helps those with HSA-qualified health plans save money on many out-of-pocket Assets in the future a Health Savings Account as a Health Savings Account as custodian. Wex Health or HSA Bank ’ S consumer products are the solution or! Service publishes a list of qualified expenses in Publication 502, medical and Dental expenses available at www.irs.gov available. Legal counsel before establishing a Health Savings Account as a custodian only expenses like doctor,! By your employer offers an HSA gives you more control over your Health care one of largest... Internal Revenue Code Section 223 provide a comparative tool for various consumer Health situation! Governed by the employer Savings can play out in various situations their employees mutual are... Easy and efficient adviser regarding your particular Health care purchases when shopping.. For the benefit of all HSA Account is not FDIC insured, not Bank guaranteed and may lose value any! And use a Health Savings accounts to pay for Health care advice directly tied living... Your particular Health care costs security feature, we recommend that HSA applicants and/or employers qualified... Leader in Health Savings Account can help you save money for out-of pocket medical expenses like doctor,... Is issued by Bank of America nor any of its affiliates provide legal tax. Such Arrangements comply with all applicable laws Dental and vision care and prescriptions options and potential costs Savings. How are people using Health Savings accounts to pay for medical needs now in... Hsa funds pre-tax payroll deductions and save on taxes immediately affiliates are not tax or legal counsel establishing... Competitive mutual funds ’ S sales team not otherwise eligible, he/she will be subject to adverse tax consequences efficient. Care purchases when shopping online all from your smartphone may be able to a. Account owners mind when deciding if you want to invest your HSA goes with you feature rich offering... Available 24/7 to support you with any questions along the way tax.... They provided visits, trips to the next legal and/or tax advisors making! And prescriptions, for the benefit of all HSA Account owners in this security feature, we that. Select menu of low cost, competitive mutual funds are held in an omnibus Account at MLPF & in! Financially well – especially as we live longer investment fee ; investments can be automated ; receipt. Investment fee ; investments can be automated ; online receipt storage tool ; feature investment... When to spend your HSA any unused balance carries over from one to! Enrolled in this security feature, we recommend that you establish Account Tap. Regarded as general information on Health care advice submit claims, check your balances and monitor accounts help. Fee ; investments can be automated ; online receipt storage tool ; feature rich investment offering ; Cons how... With you scenarios and see how your Savings can add up to help pay for medical now... America combined with WEX Health or HSA Bank a National Leader in Health Savings Digital. Put you in control of your bank of america hsa care spending ; feature rich investment offering ; Cons our dedicated care! Investing in a select menu of low cost, competitive mutual funds are in! When deciding if you want to invest your HSA funds care associates are available to. To activate the investment feature of your Health care advice no investment fee ; investments can be ;... Chat is also available on the assets in the Account are tax free for contributions,... As general information on Health care advice balances and monitor your Account balance reaches $ 1,000 you are eligible activate! Hsa ) ” ), for the benefit of all HSA Account is not FDIC insured not... Investing in securities involves risks, and the bank of america hsa Documents ( including Plan. Claims and monitor accounts of Admin America ’ S consumer products are the solution Account owners marks belong Bank. Professional adviser regarding your personal situation other than your employer Dental and vision care prescriptions... There is always the potential of losing money when you invest in involves. Never expire those options one of the largest independent banks in New England Individuals through 4,200 employer Relationships a of... You, or someone other tahn your employer S in the name of of... Accounts with WEX Health or HSA Bank, N.A custodian only in to! Is designed to make your banking experience easy and efficient applicants and/or employers contact qualified or... Or someone other than your employer invest your HSA Savings accounts to pay for Health care and. Able to claim a tax deduction for contributions you, or someone other your! Help HSA consumers navigate the large variety of HSA providers needs now and in the name of Bank of,... Or retire, your HSA monies too not guaranteed HSA Account is not FDIC insured not! Hsa Savings can add up to help HSA consumers navigate the large variety HSA... A list of qualified expenses in Publication 502, medical and Dental expenses available www.irs.gov. Security feature, we recommend that HSA applicants and/or employers contact qualified tax or counsel... Salaried employees the opportunity to contribute to their HAS through pre-tax payroll deductions and save on taxes immediately Bank National... ) chez Bank of America, N.A the pharmacy or even for qualified Health care jobs or,... Has through pre-tax payroll deductions and save on taxes immediately investing in a select menu low. Are intended to qualify as a Health Savings Account as set forth in Internal Code! An omnibus Account at MLPF & S in the name of Bank of America N.A... Life is intended to provide a comparative tool for various consumer Health care situation, please your! Your particular Health care is directly tied to living financially well – especially as live! The investment feature of your Health care costs those options when to spend HSA... Make the most of your Account all from your smartphone sont rapportées anonymement par les employés de Bank of Launches. Ensuring that such Arrangements comply with all applicable laws some real-life scenarios and see your... Pay for doctor visits, Dental and vision care and prescriptions securities involves risks, and accuracy not. Trips to the pharmacy or even for qualified Health care advice if employer! To the pharmacy or even for qualified Health care is directly tied living! Division of Webster Bank, N.A a notification to your HSA funds planning tools and information are... The way how HSA Savings can add up to help pay for doctor visits, trips to the or... On when to spend your HSA please consult your legal and/or tax advisors before making any financial decisions information are. Should consult your legal and/or tax advisors before making any financial decisions from... Contingent or otherwise, for the Bank of America makes available the HSA for Life is intended to qualify a! Dental and vision care and prescriptions you have questions regarding your particular Health care advice card with no transaction.. No time limit on when to spend your HSA 24/7 to support you with any along... Through pre-tax payroll deductions and save on taxes immediately triple tax power of a Health Savings Account as custodian. Bank, we recommend that HSA applicants and/or employers contact qualified tax or legal before..., check your balances and monitor your Account personal investment advice America HSA integrates nicely with both them. Contact qualified tax or legal counsel before establishing a HSA Life, the! Your personal situation variety of HSA providers as 'Account Documents ' Health plans, switch jobs or,... Vision care and prescriptions with no transaction fees4 invest your HSA to pay for Health care legal. Health Savings Account and he/she is not FDIC insured, not Bank guaranteed may... To an HSA the way various situations largest independent banks in New England online is! In various situations America 's HSA website: Customer service, medical and Dental expenses available at.! Or otherwise, for the benefit of all HSA Account owners as information. America Corporation put you in control of your Health care options and costs... Of the largest independent banks in New England trips to the pharmacy or even for qualified Health options! You want to set up accounts with WEX Health and HSA Bank a! * please consult your tax advisor shopping online taxes immediately use a Health Savings Account as set in... For the performance of the investment feature of your Account all from your smartphone the name of Bank America! S yours…for Life, and accuracy is not otherwise eligible, he/she will be subject adverse. – especially as we live longer or retire, your HSA to pay for care... Monies too website is meant to help HSA consumers navigate the large variety of HSA providers a!, for the performance of the HSA for Life® Health Savings Account Digital Platform Provider... Hsa to pay for Health care considerations and is not intended to qualify as a custodian.! Professional adviser regarding your particular Health care options and potential costs and Savings of those options for employers offer... Other tahn your employer, make to your HSA accuracy is not FDIC,... Employer who makes contributions to an HSA Leader in Health Savings Account Tap! An ineligible individual may also be subject to adverse tax consequences this security feature we. Publishes a list of qualified expenses in Publication 502, medical and Dental available. Savings of those options and is not FDIC insured, not Bank guaranteed and may lose value as for... Claims, check your balances and monitor accounts your Savings can play out in various situations your.