Health Savings Accounts are governed by Internal Revenue Code (IRC) 223. Health Savings Accounts (HSAs) allow individuals who are covered by an HSA-compatible health plan, also referred to as a qualified high deductible health plan, to save money to pay for eligible medical expenses on a tax-free basis. HSAs are individually-owned by employees, automatically carry over for future use and have tax-free earning potential through interest or investments.
* Non-deposit products, such as mutual funds, that may be held in the HSA are not FDIC insured, are not guaranteed, and may lose value.
In the dynamic landscape of the modern workforce, employers and HR professionals are faced with the challenge of not only attracting top talent but also
Join BRI, an Inspira Financial solution, and Inspira Financial in celebrating National Financial Awareness Day on August 14th! On National Financial Awareness Day, we have
It’s critical for businesses to highlight employee financial wellbeing leading up to August 14th, National Financial Awareness Day. Financial wellbeing affects more than just an
Health Savings Accounts provide a unique opportunity for employees to start saving for medical expenses today and into the future.
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Benefit Resource and BRI are tradenames of Benefit Resource, LLC. Benefit Resource, LLC is an affiliate of Inspira Financial Health, Inc. and Inspira Financial Trust, LLC. Benefit Resource, LLC does not provide legal, tax or financial advice. Please contact a professional for advice on eligibility, tax treatment and other restrictions. Inspira and Inspira Financial are trademarks of Inspira Financial Trust, LLC.
The Beniversal and eTRAC Prepaid Mastercards are issued by The Bancorp Bank, N.A., Member FDIC, pursuant to a license by Mastercard International Incorporated and may be used for eligible expenses everywhere Mastercard is accepted. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.
HSA Custodial Services are provided by a separate financial institution. See your HSA Account Agreement for specific account terms.
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