Employers get income tax deductions on contributions to employee HSAs. You’re helping build retirement savings and a healthy future, with funds set aside to cover health care needs. And showing you care makes it easy for valued employees to stick with you.
Like employers, employees gain savings on taxes with HSAs. They can use the tax-free funds to help pay for eligible health care expenses. And since the earnings on contributions are tax free, HSAs are a great tool for long-term retirement planning.
Want to provide extra convenience? Offer the PayFlex Card to your employees. It provides instant access to their funds for eligible expenses at qualified merchants.
Check out the list of common eligible health care expenses. Use the search bar to find specific items and services. Or you can click on the column headers in the table to see which are eligible, eligible with a Letter of Medical Necessity (LOMN), or not eligible.