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Talsma Furniture is excited to announce a new offering of a Health Savings Account (HSA). An HSA is a valuable benefit that helps you pay for health-related, out of pocket costs not covered by your insurance.
The even better news? Access to your HSA can be as easy as a swipe of a Card.
A Health Savings Account (HSA) works with a High Deductible Heath Plan (HDHP), and lets you set aside a portion of your paycheck—before taxes—into an account to pay for medical expenses that aren’t covered by your plan. It can also help you plan for future medical expenses.
You can deposit money into your HSA account up to an annual per person or family limit set by the IRS. When you enroll, an account will be created for you at a sponsor bank and you’ll be given access to a secure, easy-to-use web portal where you can track your account balance, view your investment accounts and submit requests for reimbursements.
Now, more than ever, healthcare dollars need to go further. To help you save the most money, the pre-tax savings with an HSA make sense. It’s simple. It’s smart. It’ll essentially give you a raise by reducing your taxes.
In addition, you’ll receive a convenient Flex Administrators VISA card to make it easy to access the money in your HSA. The Card contains the value of your HSA amount, and you can use it to pay for qualified medical expenses not covered by your health insurance. When you use the Card, the cost of your eligible expenses will be automatically deducted from your account and you won’t have to routinely submit receipts to verify the purchase. Just swipe and go. It’s that easy!
