| Benefits for your employees |
- Triple Tax Advantage
- Tax free accumulation – interest we pay on account
- Tax free withdrawals for “qualified” medical expenses
- Pre-tax contributions through payroll deduction
- Individually owned custodian accounts
- Money rolls over year after year
- Tiered interest rate paid on balances
- Portable
- Save for future medical expenses
- Access to account through debit cards, online bill pay and checks
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| Benefits for you |
- Complements your HR benefits, providing employees with tax-free savings to cover healthcare expenses
- Handles tax reporting of 1099SA and 5498SA for participants, easing your administrative burden
- Offers employees convenient access to funds through debit cards, online bill pay and up-to-date account balances through online banking
- Provides HR with convenient employee enrollment options: online, electronic batch, direct transmissions
- Contributions are conveniently made through direct deposit, ACH or mail in check deposit
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| Account access and enroll |
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Want to Learn More?
For more information about how this can support your business needs, please contact your local Cash Management representative or contact us at 1-877-550-5933.
Email: clientservices@rbs.com
Need more information?
To download additional information about Health Savings Accounts, click on the PDF link below or click here:
Health Savings Accounts