Health Savings Accounts (HSA's)
Health Savings Account (HSA's) are available to any size group. HSA's require
IRA approved high deductible health plans and can be employer and/or employee funded.
Accounts are portable with the employee maintaining account ownership. Funds
may be withdrawn or accumulated from month to month. Interest or assets in HSA's
accumulate tax-free. Withdrawals for qualified medical expenses are tax free. With
Flexible Benefit Administrator's HSA there are no required changes when changing
insurance carriers. Participants in the HSA will have the option to pay for expenses
with our FBA Benefits Card.