Health Savings Account (HSA)
A Health Savings Account (HSA) solution from Lifetime Benefit Solutions can give you more spending money per paycheck while you 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 you a new way to manage health care costs. You 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:
- 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, you can use HSA funds for non-qualifying expenses