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Health Savings Account (HSAs)

Health Savings Accounts (HSAs) can be funded with either employee or employer funds. These accounts must accompany a qualified high-deductible plan which permits you and your employer to deposit pre-tax funding into a bank account which you then own. Funds may be withdrawn for qualified health claim expenses with no taxation to you! These accounts are interest-bearing and for specific account balance minimums, offer investment options to further grow your funds.

 

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