PPT-Tips to maximize your HSA savings

Maximize your HSA opportunity 2 Save now Lower monthly insurance premiums HSA contributions arent taxed Qualified medical expenses are tax free 1 Save for the future HSA funds roll over year after year. SM. A . Division of Health Care Service Corporation, a Mutual Legal Reserve Company, an Independent Licensee of the Blue Cross and Blue Shield Association. Copyright © 2013. All rights reserved.. bcbsok.com. Health savings accounts (HSAs) are individual accounts offered by Optum Bank®, Member FDIC, and are subject to eligibility requirements and restrictions on deposits and withdrawals to avoid IRS penalties. Investments are not FDIC-insured, are not guaranteed and may lose value. State taxes may apply. Fees may reduce earnings on account. The information contained in this presentation is not intended as legal, investment, or tax advice. It is supplied for general educational purposes and with the understanding that Optum does not provide legal, investment, or tax advice. Please contact a competent legal, investment, or tax professional for personal advice on eligibility, investing, tax treatment and restrictions. State taxes may apply. Fees may reduce earnings on account. Federal and state laws and regulations are subject to change. . decisions. It . is the members' responsibility to ensure eligibility requirements as well as if they are eligible for the plan and expenses submitted. . No soliciting. No recording. No . photography. No . ESB-727(State of OK)-0814 . 3124. What is an HSA?. Health Savings Account. ESB-727(State of OK)-0814 . HSA = Health Savings Account. . An HSA is an individually owned savings account that is tax-advantaged. Funding & Invoicing. ____ __. Agenda. HSA Funding & Invoicing. Invoice for Administrative Fees. File and Funding Process. Unopened Account Funding (Pending Contributions). Health Savings Account (HSA) Funding & Invoicing ____ __ Agenda HSA Funding & Invoicing Invoice for Administrative Fees File and Funding Process Unopened Account Funding (Pending Contributions) Information. ConnectYourCare. is your health care account administrator, offering the most advanced and user-friendly account solution.. Online and mobile . account access. Health education tools. Payment card. Health Savings Accounts (HSAs). What is an HSA?. A health savings account (HSA) offers your employees a tax-advantaged way to . pay for healthcare and encourages them to save for out-of-pocket expenses. The employee must be covered by a high-deductible health plan to be able to take advantage of an HSA.. 2. Why HSAs?. Easy win in today’s complex health care system:. Save now:. Lower monthly insurance premiums. HSA deposits aren’t taxed. Typically lowers income tax liability. Save for the future:. 2022. Important information. This overview is not meant to serve as a comprehensive description of the insurance benefits offered by PEBA.. More information can be found in the following:. Benefits Administrator Manual. SOF HSA FAQ v5.22 855.824.9284 Page 2 855.824.9284 Can I use the money in my HSA to pay for medical care for a family member? Yes. You may withdraw funds to pay for quali�ed medical expe kindly visit us at www.nexancourse.com. Prepare your certification exams with real time Certification Questions & Answers verified by experienced professionals! We make your certification journey easier as we provide you learning materials to help you to pass your exams from the first try. kindly visit us at www.nexancourse.com. Prepare your certification exams with real time Certification Questions & Answers verified by experienced professionals! We make your certification journey easier as we provide you learning materials to help you to pass your exams from the first try. kindly visit us at www.nexancourse.com. Prepare your certification exams with real time Certification Questions & Answers verified by experienced professionals! We make your certification journey easier as we provide you learning materials to help you to pass your exams from the first try.