Page 26 - 2021 Willett Engineering Benefits Guide

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Your Wealth Phone: 866-346-5800
Website: healthequity.com

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A Health Savings Account (HSA) is not only an outstanding
addition to your health benefits, it can help strengthen
financial security as well. Below is a snapshot of just a few
of the advantages. Learn more about how you can use your
HSA to pay for eligible medical expenses on page 14.

What are the advantages?

An HSA provides you triple Funds roll over annually.
tax savings. Tax deductions There is no “use it or lose
when you contribute to your it” philosophy. If you don’t
account; tax-free earnings use your HSA funds, save
through investment; and tax- them for next year!
free withdrawals for qualified
medical expenses.
There are long-term investment
opportunities. You can invest
You own your account. Even your HSA dollars through
if your HSA-compatible HealthEquity’s investment
coverage ends, you can still partners who offer stocks,
use your HSA funds tax-free bonds and mutual funds. Learn
for eligible medical expenses. more at healthequity.com.

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