Health Savings Account
Realize triple tax savings. Pay for healthcare expenses. Invest for the future.
What is a Health Savings Account ?
A Health Savings Account (HSA) is a type of savings account that lets employees set aside money on a pre-tax basis to pay for qualified medical expenses. By using untaxed dollars in an HSA to pay for deductibles, copayments, coinsurance, and some other expenses, you may be able to lower your out-of-pocket health care costs.
Employees may contribute to an HSA only if they have a High Deductible Health Plan (HDHP).
Employers: Why Offer an HSA?
Payroll Tax Savings
Employee Satisfaction
Compliance Support
Convenient, flexible platform with with advanced reporting. Create a compliant plan and engagement strategy tailored for your needs.
Help your employees pay various healthcare expenses while educating them on how to value and use their benefits year-round.
Reduce payroll taxes and reallocate those dollars to a benefit that improves your employees' lives.
Employees: Why Enroll in an HSA?
Triple Tax Savings
Employee Owns Account
Invest Funds
With the ZyneraHealth virtual wallet and debit Mastercard®, employees can use their HSA-linked account to make eligible purchases online and at locations that accept Mastercard®.
Employees own their HSA account and can keep it when they change jobs or retire.
Account Contributions Lower Taxable Income
Savings Grow Tax-Free
Withdrawals for Qualified Expenses are Tax-Free
Easily Spend & Manage Funds
Employees can invest their savings with multiple investment options. HSA funds roll over every yearly, enabling long-term growth.
What Can I Buy with My HSA?
Modern Flexible Benefits
Contacts
ZyneraHealth is a third-party administrator, not a bank. Banking services are provided by Centennial Bank, Inc., member FDIC and subsidiary of Home BancShares, Inc. Your deposit balances held at Centennial Bank, Inc. are insured by the Federal Deposit Insurance Corporation (FDIC) for up to the legal limit (currently $250,000 for each category of legal ownership). Banking services associated with ZyneraHealth accounts are available only through Centennial Bank, Inc. The ZyneraHealth Debit Mastercard® is issued by DataPath Financial Services, Inc. pursuant to a license from Mastercard Inc. and may be used everywhere Mastercard debit cards are accepted. Annual Percentage Yield (APY) accurate as of 1/4/2024. Minimum amount to open a ZyneraHealth HSA account is $1,000. An interest rate of 0.050% applies to entire balance. Interest rates may change after account is opened. Fees may reduce earnings.
Brokerage services provided by DataPath Investment Advisors, Inc. member FINRA/SIPC. DataPath Investment Advisors, Inc. is the firm that we use to custody our client investment assets. DataPath Investment Advisors, Inc. and ZyneraHealth are separate and unaffiliated firms, and are not responsible for each other’s services or policies. DataPath Investment Advisors, Inc. does not endorse or recommend any advisor and the use of the DataPath Investment Advisors, Inc. logo does not represent the endorsement or recommendation of any advisor.
