Health Savings Accounts
Health Savings Accounts (HSAs) are tax-advantaged medical savings accounts available to taxpayers in the United States who are enrolled in a High Deductible Health Plan (HDHP). The funds contributed to the account are not subject to federal income tax at the time of deposit. Unlike a Flexible Spending Account (FSA), funds roll over and accumulate year over year if not spent. HSAs are owned by the individual, which differentiates them from the company-owned Health Reimbursement Accounts (HRA). Funds may be used to pay for qualified medical expenses at any time without federal tax liability.
Here at TabenFlex we pride ourselves on exceptional customer service and strive to offer state of the art services to participants such as the following: