Health Savings Account
Saving for the Future with Active Benefits
A Health Savings Account (HSA) is an investment in your company. HSAs are best known for paying both medical expenses and acting as a retirement vehicle for employees. Similar to an IRA, an HSA may be used prior to retirement or for non-medical expenses, with a minor penalty for doing so. However, this penalty does not apply to account holders after age 65.
PremierHSA® Benefits
PremierHSAs have unique benefits over other plans, making them a preferred choice by many employees. They also promote enrollment in a High Deductible Health Plan (HDHP), which is required by an HSA plan. This incentive can increase your bottom line by decreasing the number of employees enrolling in any higher-expense health plans you may offer. PremierHSA® administration through FBMC saves time, reduces overhead costs and provides direct Customer Care assistance for your employees.
Retirement Vehicle Options
Employees can roll over leftover HSA funds every year. It is possible to accumulate a large amount of funds in an HSA for use at any time (without penalties after age 65). Another attractive benefit to employees is the portability of an HSA. In the event of a job loss, they may carry the account with them for further use. The overall advantages and lack of penalties after age 65 are turning HSAs into another means of retirement savings for employees to add to their portfolio.
Interested? Contact us today to get started or call us at: 866-690-4208.
FBMC’s PremierHSA® Plans Provide:
- Easy online enrollment.
- Award-winning communication with your employees.
- Flexible benefit options.
- Over 30 years of enrollment experience.
- Convenient, fast payment options for your employees.
- Easily ties into employees existing benefits
Our customer care surpasses competitors:
- Domestic-based customer care.
- Extended hours, including weekends.
- Always speak with a live person.
- Optional IVR and Internet account access.
- Experienced account managers providing individual attention.