The Tax Trifecta
Healthcare savings.
Made easier to use.
A health savings account is a tax-advantaged account individuals can use to save and pay for unreimbursed medical expenses, including deductibles, copayments, coinsurance and eligible services not covered by insurance.
An account that stays with the employee
Employees own their HSAs. Unused money remains in the account from year to year and the account stays with them when they change employers. Contribution eligibility depends on qualifying health coverage and other IRS requirements.
Connected account administration
We help coordinate enrollment, contribution files and recurring contributions, participant account access, distributions and employer reporting. Account statements and tax documents are available through the secure portal.
Administration and custodial services
Benefit Extras provides administration and platform support. The HSA custodian holds the account funds. Review the current account agreement for custodial services, fees, investment availability and applicable terms.