Empower your future with health savings from Ubiquity and HealthEquity
A Health Savings Account (HSA) is a tax-exempt way you to save and pay for medical expenses if you are covered under a high-deductible health plan.
Your HSA contributions are tax-deductible, your investment earnings grow tax-deferred, and your withdrawals are tax-free if used to pay for qualified medical expenses for yourself or your family – a triple tax benefit.
If you do not need to use up your HSA assets to pay for current year medical expenses, they can stay in your HSA and keep growing tax-deferred. It is not a “use it or lose it” benefit like other medical savings accounts, and it is not tied to your employer. HSAs are becoming an increasingly important part of the retirement planning conversation as HSA account balances continue to build. According to current estimates, 35% of projected expenses in retirement will be health related and using HSA dollars for those expenses will save the average couple about $100,000.
“I have never... I mean NEVER worked with a better Customer Service Crew before and my background is Customer Service! They are all fantastic. Love, Love Love Catherine, Doug and the rest of the crew!”
Questions? Call us: 855.401.7253 Monday – Friday, 7:00 am – 5:00 pm PT
Our consultants have an average of 10 years experience and can help you navigate the 401k landscape–no obligation. Our team is here when you’re ready to get started on your 401k. Schedule a time that works for you.