欧博abgHelp center
How do I find my account number?
, go to Settings, My Profile, HSA Info.
How do I contribute to my HSA?
1. Payroll deduction – If you have an account through your employer, you may be able to make pre-tax contributions to your HSA from your paycheck. Contact your employer for more information about this option.
2. Online transfer – You can contribute to your HSA from your bank account on the HSA transaction page of the online account. , go to Contributions, Make Contribution and create your transaction.
Add a bank account to make a transfer from a new account ().
3. Check or money order – Mail your payment along with a completed copy of the HSA Contribution Form to:
HSA Bank
P.O. Box 251
Sheboygan, WI 53082-0939
You can find the HSA Contribution Form in the Resources section of your online account.
4. Transfer or rollover – IRS regulations permit the transfer or rollover of funds to an HSA from an existing HSA or MSA (Medical Savings Account). Visit hsabank.com/transfer to learn more about how to consolidate your HSAs or transfer funds.
The IRS sets limits each year for maximum contributions. View current IRS contribution limits.
How do I add a beneficiary?
, go to Settings, My Profile, HSA Info and complete the beneficiary section. You’ll be asked to provide information about your chosen beneficiary, including their Social Security number and birthdate.
What you need to know:
Your choice of beneficiary makes a big difference in how your HSA is treated after your death.
If you don’t designate a beneficiary for your HSA before you pass away, the assets in your account are distributed to your estate and included on your final income tax return.
If your spouse is your designated beneficiary, your account remains an HSA, and your spouse will become the owner. They can use the money tax-free for qualified healthcare expenses — even if not enrolled in an HSA-eligible health plan. Should your spouse be younger than 65, take a distribution of funds and use them for something other than qualified expenses, they’ll pay a 20% penalty tax on the amount distributed plus income taxes.
If someone other than your spouse is the designated beneficiary, your HSA will end on the date of your death. Your beneficiary will receive a distribution and the fair-market value becomes taxable income to the beneficiary. However, there’s one exception to the rule. Your beneficiaries have up to one year after you die to use the money tax-free for any eligible healthcare expenses you incurred after you opened the account, as long as you keep the receipts and the expenses weren’t already reimbursed by the HSA.
If you have a spouse and don’t designate them as primary beneficiary, you may be required to submit a beneficiary form with the notarized consent of your spouse. The form is available in your online account under Resources.
This content is provided for informational purposes only and isn’t intended as tax or legal advice. HSA Bank doesn’t provide tax or legal advice. Please consult with a qualified tax or legal advisor if you need advice regarding your specific situation.
What are the IRS annual contribution limits?
View current IRS contribution limits.
IRS contribution limits for individual and family plans typically increase every year. Plus individual accountholders 55 and older can make an additional $1,000 catch-up contribution. Eligible spouses over 55 can only make catch-up contributions to their account.
How do I pay for an IRS-qualified healthcare expense over the daily limit?
You can pay for an expense with your external personal account or with a credit card and then reimburse yourself. Schedule HSA transfers online or on the app. There’s a daily transfer limit to safeguard against fraudulent activity, so amounts over this require multiple transfers.
You can work with your provider to make debit card payments over multiple days.
You can use our online bill pay system to pay a provider. , go to Manage Expenses, select the expense you want to pay. There’s no daily limit to pay a provider.
You can pay with an HSA Bank check. , go to Settings, Linked Accounts, Manage Account, Order Checks.
Please note: Your transactions are limited to your available cash balance.
Your HSA Bank Benefits Card provides access to your HSA funds at point-of-sale with signature or PIN and at ATMs. Your debit card has a daily limit at merchants dedicated to healthcare (e.g., a doctor’s office or hospital) and a separate daily limit at merchants that aren’t healthcare specific but offer eligible medical products and/or services (e.g., a department or grocery store). The number of debit card transactions allowed per day is limited and varies based on how the card is used or types of transactions processed. These limits exist as a safeguard against fraudulent activity. Call the number on the back of your debit card for more information. If you don’t have a debit card, call 800-357-6246.
How do I reimburse myself for out-of-pocket IRS-qualified healthcare expenses?
Reimburse yourself online: , go to Manage Expenses, Add Expense/Pay Provider, enter details about the expense, select Reimburse myself, then Submit.
ATM distribution: You can use your Benefits Card at an ATM to reimburse yourself for eligible expenses paid out of pocket. When you distribute HSA funds from an ATM select the "checking" option (not savings) when asked the type of account.
Checks: Use your HSA Bank checks to reimburse yourself for an IRS-qualified healthcare expense already incurred. Simply write a check from your HSA to yourself and deposit it into your external personal checking or savings account. Need more checks? , go to Settings, Linked Accounts, Manage Account, Order Checks.