A Health Savings Account (HSA) is an account that can be opened by your employees in order to make tax-advantaged contributions. The funds may be withdrawn by your employees, tax-free, for qualified medical expenses. You and your employees may make contributions into an HSA as long as your employees are enrolled in a qualified High Deductible Health Plan (HDHP). In order to be eligible for an HSA, an employee must:
Learn more about the benefits of the KeyBank HSA for both your employees and yourself. Annual fees and set-up charges may be waived for your employees if you have a business checking account relationship with KeyBank.
For more information, call 888-KEY-2020 (539-2020) to speak with an HSA specialist.