• Alternative Asset Custody Solutions
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• Employer-Sponsored IRAs
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  • Investment Options
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Funding Options 

Contributions

• Employer contributions are excluded from employees’ gross income and are not subject to withholding for income tax.
• Annual contributions are limited to the applicable IRS Contribution Limits.
• An excise tax of 6% is imposed for all contributions made by you or your employer that are in excess of the contribution limits.
  
• Contributions must be made in cash (rollovers and transfers may be made in-kind).
• Earnings on amounts in an HSA accumulate tax-deferred and do not have to be included in gross income while held in an HSA.
• Once an individual enrolls in Medicare, contributions must stop. However, the money may remain in your HSA to pay medical expenses tax-free.
• An additional “catch-up” contribution ($1,000 in 2010 and thereafter) is available to individuals age 55 and over who are not enrolled in Medicare.

Contribution Limits

Investments

HSA Manager offers a wide range of investments including stocks, bonds, mutual funds, ETFs and CDs.
  

Rollovers and Transfers

HSA account holders have the ability to transfer/rollover assets from an existing HSA, MSA and IRA. Click here to learn more and access our HSA Transfer Form.

Distributions/Withdrawals

The easiest way to access the funds in an HSA account is by using the My Care Debit Card. If, for some reason, you need to contact us directly to withdraw funds, click here for further instructions and our HSA withdrawal form.