Health Savings Account

Image of smiling female employee in button up shirt.As health care costs continue to soar, finding ways to offer affordable health benefits to your employees is a challenge. A Health Savings Account (HSA) solution from Lifetime Benefit Solutions can give your employees more spending money per paycheck while they save money on out-of-pocket health care expenses.

An HSA is a tax-advantaged savings account that is used in combination with a qualified high deductible health plan (HDHP) and gives your employees a new way to manage health care costs. They can use the HSA funds to cover qualified health care expenses—from co-payments at the doctor’s office to pharmacy bills, dental care, vision care and more.

Lifetime Benefit Solutions HSA helps you:

  • Add depth and flexibility to your employee health benefits and retirement plans with secure, FDIC-insured financial accounts*
  • Reduce FICA and FUTA payroll taxes
  • Save money on health insurance premiums by offering HSAs along with qualified high deductible health plans
  • Provide web-based, fully integrated portals with 24/7/365 access to account information
  • Promote healthier lifestyle choices through increased employee involvement
  • Debit card transactions, direct deposit reimbursement and electronic statements

Lifetime Benefit Solutions HSA helps your employees:

  • Offset rising health care costs with tax-free funds
  • Plan for future health expenses with tax-free investment accounts that grow year over year— no “use-it-or-lose-it” annual requirement
  • Easily monitor health spending with convenient debit cards and secure online account access
  • Plan for retirement—after age 65, participants can use HSA funds for non-qualifying expenses

* Dollars put into the HSA account are initially invested in a FDIC-insured interest-bearing account on behalf of the participant/accountholder. The participant/accountholder has the ability to invest these dollars into a variety of investment funds.

Note: A PDF of fund performance will no longer be emailed. To view the browser-based fund performance, click here. Please use this link instead of the former PDF in any place you were using it.

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Benefits programs built around you.

We provide a laser-focus on the critical elements of any successful benefit program. Effective design; clear, concise communication; and dependable, ongoing administration and compliance, mapped to each company's individual needs and workforce. Call 1-800-356-1029 or

Lifetime Benefit Solutions is a national leader in developing and delivering health-related benefits plans – partnering with our customers to deliver value and promote employee health and wellness.

Flexible employee benefit programs, intelligently and creatively customized to your company’s unique situation.