Health Savings Account (HSA)

HSAs are used to save money for future medical expenses, work like a personal bank account, allow tax-free contributions, and roll over unused dollars.

Health Savings Account (HSA)

HSAs are created to accompany High Deductible Health Plans (HDHP). They work like a personal bank account, giving employees the opportunity to take money from their paycheck before it’s taxed, and use it to pay for healthcare expenses, prescriptions and over-the-counter health products.

Employers and Employees Gain

  • Contributions are tax-free for employees, non-taxable for employers
  • HSA-qualified plans offer reduced premiums for employers and employees
  • Promotes healthy habits, increased awareness of healthcare costs
  • Another way  for employees to save for retirement

Personal Approach, Flexibility, Compliance with Chard Snyder

  • Tailored plan designs to fit business goals
  • Comprehensive administration with our HSA Advantage™ solution
  • Mobile app and participant portal for anytime, anywhere account access
  • Updates and communication of eligibility and HSA-qualified health plan requirements

Learn more about HSAs