An HSA is a tax-free savings account that an employee can use to save money and pay for qualified health care expenses with tax-free dollars. Plus, unused funds roll over from year to year and continue to earn interest tax-free, increasing the benefit of today’s savings.
As the Plan Service Provider, Benefit Coordinators works with the insurance agent to design the right plan for the group or help them understand how an HSA can work with a Cafeteria Plan, and HRA, or a Limited-Purpose FSA.
We can manage contributions to facilitate an ease of administration and reporting for the employer and employees.
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