How to Use Your HSA
Triple-Tax Advantage
HSAs provide financial flexibility, promote savvy healthcare decision-making, encourage financial growth, and offer tax advantages. Enjoy tax-deductible contributions, tax-free earnings and tax-free distributions for qualified expenses.
Pays for Healthcare
Your HSA funds can be used to pay your deductible. HSAs also cover doctor visits, over-the-counter medications, and many other medical expenses. When you pair a high-deductible health plan with an HSA, low-deductible (high premium) health plans don’t stand a chance.
Rollover Funds
HSA funds always belong to you. They never expire, and remain accessible even in the event of a job change or retirement.
Invest in Your Future
HSA funds accrue interest tax-free and can be invested. Once the account holder turns 65, HSAs act like a 401(k) in that funds deposited can be withdrawn for non-qualified medical expenses.
Take the Reins
An HSA paired with your high-deductible health plan empowers you to take control of your healthcare and invest in your future
Keeping it Simple
Contribute
Grow your health savings simply by contributing. Just think about how much you’re saving on premiums, then put those savings in your HSA. Link your bank account to your HSA to contribute tax-free at any time.
Apply
Swipe your MotivHSA card as a credit card when you are at the doctor’s office or pharmacy. This allows you to pay for medical expenses tax-free.
Invest
Investing your HSA funds is one of the fastest ways to help them grow. Call our PHAs at 844-234-4472 with any questions.
One Click Away
MotivHSA allows you to access all your HSA needs from your phone. Download our app to check spending, view and submit claims, and more. Join us on our journey to revolutionize healthcare.
Grow Money Tax Free
You can invest your HSA dollars tax-free. We offer a step-by-step tutorial for the investment process. Sit back and let your money work for you.
Grow Money Tax Free
You can invest your HSA dollars tax-free. We offer a step-by-step tutorial for the investment process. Sit back and let your money work for you.
Harnessing HSA Funds for Retirement
The mere thought of retirement might make one break into a cold sweat, especially when juggling student loans and rent that could rival a mortgage. However, there’s a nifty financial tool that doesn’t receive enough credit: Health Savings Accounts (HSAs).
Preparing for the School Year Ahead
It’s that bittersweet time of year when summer ends and school begins. And whether it’s more bitter or more sweet for you, there’s one thing that is certain—it’s time to prepare for the school year ahead.
HSA Myths Debunked
There are several misconceptions about HSAs, which can lead to underutilization of this amazing savings tool. Time to clear the air!