Make the most of your account

The Member Website puts you in control and shows you the way to make informed, health finance decisions. You'll have secure, 24/7 access to:

  • View real-time account balances and transaction history
  • Transfer funds in and out of your HSA – to and from your regular bank account or investment accounts
  • Update contact information, order debit cards, and add authorized account signers
  • View online statements
  • View tax forms (HSAs)
  • Access free online healthcare resources and set-up email alerts
  • Easily file claims online with the system determining approval based on eligibility and available funds (FSAs and HRAs)

How to use your account

Learn how to contribute to your accounts and use your funds to pay for IRS-qualified medical expenses.

Health Savings Account (HSA)

An HSA, or Health Savings Account, is a unique tax-advantaged account that can be used to pay for current or future healthcare expenses. When combined with a high-deductible health plan, it offers savings and tax advantages that a traditional health plan can't duplicate.

How to deposit funds into your HSA
Deposit up to the IRS maximum into your HSA
How to pay for healthcare expenses from your HSA

Health Reimbursement Arrangement (HRA)

The HRA is the employer's way to offer a "self-funded" health benefit to you.

Contributing to your HRA
You can access your HRA funds in the following ways:

Flexible Spending Account (FSA)

Participants set aside funds on a pre-tax basis each year into their Flexible Spending Account (FSA) and subsequently access those funds for qualifying healthcare expenses incurred within the Plan Year. There are a variety of FSA options such as Healthcare, Limited Purpose, and Dependent Care.

Contributing to your FSA
Paying for expenses from your FSA

Commuter Benefits (Mass Transit & Parking)

Commuter Benefits, include Mass Transit and Parking Accounts, enable you to pay for certain workplace mass transit and parking expenses, up to the IRS limits, on a tax-free basis through payroll deductions. Commuter Benefits are not tied to a benefit year, so the funds will remain in your account until exhausted. Election changes are not limited by a plan year and can be updated or stopped as your needs change.

Mass Transit Account
Parking Account

Eligible Medical Expenses

You can use your Health Savings Account, Flexible Spending Account, and Health Reimbursement Arrangement to pay for a wide range of IRS-qualified medical expenses for yourself, your spouse, or tax dependents. An IRS-qualified medical expense is defined as an expense that pays for healthcare services, equipment, or medications. Funds used to pay for IRS-qualified medical expenses are always tax-free.

Here are some examples of IRS-qualified medical expenses.

Tax Benefits

What do all of our health accounts have in common? Money goes into and comes out of these accounts tax-free to pay for IRS-qualified medical expenses. Consumer-directed healthcare (CDH) accounts allow employees to save money by contributing to their accounts on a pre-tax basis.

With an HSA, deposits, earnings, and distributions for IRS-qualified medical expenses are tax-free. An HSA also provides triple tax savings by reducing your Federal, State*, and FICA taxes.

For HRAs and FSAs, contributions and claim reimbursements are tax-free**.

Because your employer funds an HRA plan, any distributions are considered tax-deductible (to your employer). Reimbursement dollars received by you are generally tax free.**

An FSA allows you to designate a portion of your pre-tax earnings to pay for qualified expenses as established in your employer’s cafeteria plan, most commonly used for medical expenses, but often for dependent care or other expenditures. Your employer is also allowed to make contributions to your FSA, if desired, in order to offer a greater benefit to you. Since the money deducted from your paycheck for the FSA is excluded from your taxable income you can save significantly on eligible expenses.**

*HSA contributions are taxed in AL, CA, and NJ.
**HSA Bank does not provide tax advice. Consult your tax professional for tax-related questions.