Finally an HSA That is Easy to Own and Use!
With the MyHSA Health Savings Account you have only one
account that holds both cash and investments. As you make
contributions our administration system automatically allocates
your funds to cash and/or investments. When you need access to
your funds just swipe your debit card (you have access to 95% of
your total account balance including both cash and investments
with your debit card) or tell us the amount you need, our
administration system will, if needed, automatically sell the
necessary investments to pay your claim.
With a MyHSA's Health Savings Account you receive:
- An Investment option that pays a fixed interest rate after you have
deposited only $200 in cash.
- An HSA that automatically starts investing your funds
after you have deposited only $200 in cash.
- An HSA that is only one account. You don't have a cash
account and a separate investment account that forces you to
transfer funds between the two accounts.
- A debit card that gives you access to 95% of your total
account balance including both cash and investments.
- Investment options from multiple mutual fund family.
- An HSA that is easy to own and use.
MyHSA |
Most Other HSA's |
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MyHSA Fees |
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Account set-up fee: |
$0.00 |
|
Monthly maintenance fee: |
$4.50 |
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MasterCard Debit Card: |
One debit card included |
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Additional Debit cards: |
$5.00 each |
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Withdrawal form distributions: |
$0.00 |
Changing Investments
There are no sales loads charged by any of the funds offered
in the MyHSA program, for a complete list of funds
click here. You can move funds between investments, change
future contribution allocations, and/or rebalance your account
when needed.
Contributing to your MyHSA account
We accept contributions to your MyHSA account in 3 different
forms to give more flexibility.
- Payroll deduction – Your employer sends us your
contributions.
- Personal Check – You send us your contribution(s).
- ACH Pull – Once a month we electronically pull your
MyHSA contribution from one of your other accounts. The
amount pulled can be changed to meet your needs.
Accessing the funds in your MyHSA account
There are two ways to access the funds in your MyHSA
account.
- Use your debit card – You have access to 95% of your
total account balance including both cash and investments on
your debit card. Just swipe your card and our administration
system will process the funds to pay the claim.
- Paper form – You can complete a Distribution Form and
send it to us we will then either direct deposit your funds
into another account or send you a check.
Additional Fees
For a complete list of fees,
click here.
