MyHSA

Finally An HSA That Is Easy To Own And Use!

With the MyHSA Health Savings Account you have only one account that holds both cash and investments. As you make contributions our administration system automatically allocates your funds to cash and/or investments. When you need access to your funds just swipe your debit card (you have access to 95% of your total account balance including both cash and investments with your debit card) or tell us the amount you need, our administration system will, if needed, automatically sell the necessary investments to pay your claim.

With a MyHSA Health Savings Account you receive:

1. An Investment option that pays a fixed interest rate of 3.25% (May 2008 through April 2009) after you have deposited only $200 in cash.
2. An HSA that automatically starts investing your funds after you have deposited only $200 in cash.
3. An HSA that is only one account. You don’t have a cash account and a separate investment account that forces you to transfer funds between the two accounts.
4. A debit card that gives you access to 95% of your total account balance including both cash and investments.
5. Investment options from multiple mutual fund family.
6. An HSA that is easy to own and use.

The MyHSA Health Savings Account is not FDIC insured and could lose value.

Changing Investments

Contributing to your MyHSA account

We accept contributions to your MyHSA account in 3 different forms to give more flexibility.

• Payroll deduction – Your employer sends us your contributions.
• Personal Check – You send us your contribution(s).
• ACH Pull – Once a month we electronically pull your MyHSA contribution from one of your other accounts. The amount pulled can be changed to meet your needs.

Accessing the funds in your MyHSA account

There are three ways to access the funds in your MyHSA account.

• Use your debit card – You have access to 95% of your total account balance including both cash and investments on your debit card. Just swipe your card and our administration system will process the funds to pay the claim.
• Web claim – Login to your online website, click on Request a Distribution, enter the dollar amount you need then click on Enter Claim. We will then either direct deposit your funds into another account or send you a check.
• Paper form – You can complete a Distribution Form and send it to us we will then either direct deposit your funds into another account or send you a check.
  
  

Additional Fees