Health Savings Accounts

Health Savings Accounts - Tax-Free Benefits

Did you know that any employer or employee can now pay for qualified medical and retiree health expenses on a tax-free basis?

Health Savings Accounts (HSAs), are individually-owned accounts that are paired with HSA-compatible, high-deductible health plans that not only save you taxes, but premiums as well.

We, at Benefit Advantage, Inc., are pleased to announce new plans that meet the requirements for you to begin achieving these savings right away.

HSA BENEFITS ARE SIGNIFICANT!

Financial Savings
High-deductible insurance costs less
Medical expenses are paid for with tax-free dollars
You own the account. It goes with you if you change plans or employment
You keep what you don't spend, rolling it over year-after-year

Choice
HSAs return control of healthcare to you and your doctor
You decide how the money in the account will be spent
What you do not use, you keep

Growth
You get to invest the money you save
At age 65, you can take you money out for any reason, like an IRA
Funds used for healthcare remain tax-exempt