Health account comparison

Health accounts offered through employers or by banks and other financial institutions can help you save money and make it easier to pay for health care. The three most common health accounts are:

What's the difference between an HSA, FSA and HRA?
  • FSAs can be used with any type of health plan and are offered through and owned by employers.
  • HRAs must be integrated with a health plan and are offered through and owned by employers.
  • HSAs are sometimes offered by employers, but are owned by the account holder, and they can only be used with high-deductible health plans.

TAXES & YOUR HSA

To enjoy the tax benefits, you also need to report HSA activity to the IRS and keep track of your spending in case you have to prove you used funds for qualified medical expenses.
 Visit our HSA tax center


YOUR HEALTH, YOUR MONEY

Take a Health Savings Checkup to see how much health care could cost you when you retire. You'll also get a plan to help you:

  • Stay healthy
  • Spend less on health care
  • Save more for your future

 Start your five-minute Health Savings Checkup now