Start making contributions
Consider setting up automatic deductions from your paycheck, if your employer offers that option. You can also make contributions by logging in to your account and setting up a one-time or recurring transfer from another bank account.
Designate a beneficiary
Make it clear who should receive the money in your account, in the event of your death, by logging in and completing the beneficiary designation form available within your profile.
Activate your debit card
Using your Optum Bank debit Mastercard® is a convenient way to reimburse yourself or pay for qualified medical expenses at the time of service or purchase.
Review your account’s fee schedule
Your welcome kit will contain this and other important information. Be sure to retain your kit for future reference.
Learn about qualified medical expenses
Find out which medical expenses are qualified for tax advantages so you don’t accidentally use your account for nonqualified expenses and have to pay taxes and IRS penalties on the distributions. Be sure to save all your receipts, too.