HSAs are an easy win

in today's complex healthcare system

How an HSA works

An HSA paired with an HSA-qualified health plan allows you to make tax-free contributions to an FDIC-insured savings account.

HSA-qualified health plans typically cost less than traditional plans and the money saved can be put into your HSA.

HSA balances earn tax-free interest and can be used to pay for qualified medical expenses.

View all qualified medical expenses

HSAs empower savings and for the future

Lower monthly premiums
Lower monthly health insurance premiums
Tax free
Money put into your HSA is not taxed and you earn tax-free interest on HSA balances
Lowers tax liability
You don't have to healthy or wealthy to benefit from an HSA – just wise! Anwer two simple questions and see how you can win with an HSA.

Win with an HSA

Account is yours
With an HSA, you own the account and all contributions, even if you change health plans, retire or leave your employer
HSA rolls over
Unlike flexible spending accounts, the entire HSA balance rolls over each year
Invest HSA funds
You can invest your HSA funds for increased tax-free earning potential

Who is eligible for an HSA?

HSA qualified plan
You are covered by an HSA-qualified health plan and have no other health coverage, such as other health plan, Medicare, military health benefits, medical FSAs.
No tax dependent
You cannot be claimed as a dependent on another person's tax return
Transfer your HSA
Need to transfer your HSA? Download the form

Maximize your savings

To take full advantage of tax savings and to build a reserve for the future, it is suggested that you maximize your contributions as set by the IRS:

Tax year HSA contribution limit
Individual Family
2017 $3,400 $6,750
2018 $3,450 $6,900
At age 55, an additional $1,000 is allowed annually.
Retired couple
Grow savings

HSAs: The new retirement strategy

The average American couple will need $265,000 to cover out-of-pocket health care costs in retirement. An HSA can help fill this Medicare gap as well as dental, hearing and vision expenses. Qualified medical expenses remain tax-free, even into retirement. In addition, after age 65, you can use your HSA much like a 401(k) and withdraw funds for any purpose.

Retired couple

Invest your HSA

Invest your HSA

A comprehensive line-up of mutual funds is offered with options designed to fit your individual needs.

Invest your HSA

    Advisor™

powered by
HealthEquity Advisors, LLC

Advisor

Provides web-based guidance designed to diversify your portfolio and can even manage the trading of mutual funds for you.

Invest with Advisor

Save now, cash in later

Save now, cash later

Earn tax-free interest on your HSA balance when you pay medical expenses out of pocket and reimburse yourself later.

View video

Future balance calculator

Future balance calculator

Estimate how much you'll be saving with your HSA dollars and in taxes for retirement

View calculator

About HealthEquity

HealthEquity empowers Americans to build health savings by providing powerful tools for health savings accounts (HSAs) and other health financial services.

Our team of HSA specialists based in Salt Lake City is available every hour of every day, providing you with the tools and information you need to optimize your HSA.

HealthEquity team members