Get the most out of your health care dollar with a YourWay Health Savings Account (HSA).
An HSA is a triple tax-advantaged savings account that helps you pay for qualified medical expenses. The funds are yours to spend forever — even if you retire, change jobs or change health plans.
How It Works
Funds can be deducted from each paycheck and deposited for future use — today, tomorrow, and even in retirement. Your HSA balance carries over every year, and the balance of your HSA is yours to keep. Any money you don’t use right away is invested and helps you pay for health care costs in the future. You are eligible to contribute to an HSA if you are enrolled in a qualified high deductible health plan and meet other Internal Revenue Service (IRS) eligibility requirements.
Tax Savings
An HSA provides triple tax savings.
This means that contributions are not taxed, account growth through interest and investment earnings is not taxed, and withdrawals to pay for qualified medical expenses are tax-free. Additionally, directing funds to an HSA reduces your taxable income which could potentially reduce the amount of taxes taken out of your paychecks.
One Card for All Your Healthcare Costs
The YourWay Benefits Card is a fast and convenient way to pay for qualified medical expenses such as co-pays, prescription medications, over-the-counter medications and more.
All while saving up to 30% because you’re using pretax dollars.*
*Difference between gross income and net income assuming a 30% income tax rate.
THE ONEBRIDGE VISA® BENEFITS CARD IS ISSUED BY THE BANCORP BANK, N.A PURSUANT TO A LICENSE FROM VISA U.S.A. INC. THE BANCORP BANK N.A.; MEMBER FDIC. CARD CAN BE USED FOR QUALIFIED EXPENSES WHEREVER VISA DEBIT CARDS ARE ACCEPTED. SEE CARDHOLDER AGREEMENT FOR DETAILS.
First Dollar Investment Means You Can Invest From Day 1
Our integrated system allows participant accounts to be fully invested so all unused funds can grow over time.