Health Savings Accounts (HSAs)

A health savings account (HSA) is a bank account you can use to plan, save and pay for qualified medical expenses if you have a high-deductible health plan.

orange_arrow Learn the basics of HSAs and find out if you're eligible

An IRA for Your Family's Health
Think of an HSA like an IRA (individual retirement account) that's dedicated to medical expenses. Unlike an IRA, though, you decide when to use the money you save. So, you can plan for current or future medical expenses for you, your spouse and your dependents.

Optum Bank HSA
Many financial institutions offer HSAs. Optum Bank is one that's focused on financial solutions for health care. We know the ins and outs of how HSAs and high-deductible health plans work together. And we know how to help you get the most out of your HSA.

With our standard account options, a few months after your account is set up we’ll ask if you would like to choose from among three account options to get an HSA that's best for you:

  • Health eAccess HSA—If you plan to use your account often for current medical expenses, this may be the best choice for you. It has the lowest fee for carrying a smaller balance.
  • Health eSaver HSA—If you will be spending some now and would like to invest for future medical expenses, this account is a good option. It has competitive interest rates, moderate fees, and an option to invest for no additional fee.*
  • Health eInvestor HSA—If your expenses are minimal now, but you want to grow your HSA for future medical expenses, this account lets you start investing with a balance as low as $500.*

Our Health Advantage HSA closely mirrors the Health eSaver HSA but is offered through employers who also offer other products within our Health Advantage Suite of accounts (such as FSAs and HRAs).

orange_arrow Learn more about Optum Bank HSA Options

Note: If you opened your HSA through your employer, your options may be different than those listed above.


* Investments are not FDIC-insured, are not guaranteed by Optum Bank and may lose value.

Health savings accounts (HSAs) are individual accounts offered by Optum BankSM, Member FDIC, and are subject to eligibility and restrictions, including but not limited to restrictions on distributions for qualified medical expenses set forth in section 213(d) of the Internal Revenue Code. State taxes may apply. This communication is not intended as legal or tax advice. Please contact a competent legal or tax professional for personal advice on eligibility, tax treatment, and restrictions. Federal and state laws and regulations are subject to change.