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What is a Health Savings Account? HSAs are tax-advantaged member-owned accounts that let you save pre-tax 1 dollars for future qualified medical expenses. You can invest 2 in mutual funds tax-free—and funds never expire.
A health savings account or HSA is a tax-advantaged savings account owned by an individual that can be used to pay for qualified medical expenses for the owner and their dependents. An HSA, which must be paired with an HSA-qualified health plan, allows you and your employees to make pre-tax contributions to a federally-insured account that can ...
HSAs empower health savings in several ways: Lower monthly health insurance premiums. HSA contributions are not taxed*. You earn tax-free* interest on HSA balances. HSA funds used for qualified medical expenses are not taxed*. HSA balances roll over year after year. You own your HSA, even if you change jobs or retire.
HealthEquity and WageWorks empower Americans to connect health and wealth by providing health savings accounts (HSAs) and offering a true total solution for benefits.
Money in your HSA is yours to keep forever—whether you change employers or health plans. Plus, earn tax-free 1 interest and enjoy tax-free 1 withdrawals for qualified medical expenses. Start making tax-deductible contributions today and watch the savings add up.
Get insights into HSA-qualified plans, contribution limits, qualified medical expenses, and IRS tax forms related to your HealthEquity HSA.
An HSA lets you put money away for future healthcare costs while saving on taxes. How? HSAs are never taxed at a federal income tax level when used for qualified medical expenses .
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Enjoy tax-deductible contributions, tax-free earnings and tax-free distribution for qualified expenses. HSAs cover thousands of qualified expenses, including doctor visits and over-the-counter medications. Keep your HSA dollars year after year—even if you change employers or health plans.
Browse our list of HSA-eligible qualified medical expenses to pay for healthcare items like prescriptions and doctor visits.