Health Savings Accounts
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Features
FlexHSA® was built on the concept of empowering consumers and providing choices to employees and individuals. That culminates
in the banking and investment options of FlexHSA®, which provides employees and individuals with the choice of two distinct account levels:
FlexHSA® Premier Account – For employees and individuals seeking to accumulate and grow their assets in a tax-advantaged account
FlexHSA® Traditional Account – For employees and individuals seeking basic banking services to pay for their qualified medical expenses
Features |
Premier Account |
Traditional Account |
Basic Banking Services |
X |
X |
Debit Card |
X |
X |
Checking |
X |
X |
Money Market Account |
X |
X |
Online Account Access |
X |
X |
Investment Capabilities |
X |
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Online Investments |
X |
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Phone Investments |
X |
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Investment Tools |
X |
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Millennium Trust serves as custodian for HSAs in connection with a variety of programs. Each program may have a few different elements, but all share the same basic features described herein.
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