Health Savings Accounts (HSAs)
Add to your benefits package without incurring extra costs
Nebraska businesses try their best to attract and retain top workers. That includes offering comprehensive benefits packages. Unlike life insurance, retirement savings plans and other benefit offerings, HSAs are cost-free and won't impact your profits. Instead, these popular accounts can provide employers with tax breaks while helping to maintain a healthy workforce.
- HSA contributions made by an employer are tax-deductible for businesses
- HSAs are designed for individuals with high-deductible health-care plans
- They allow workers to set aside funds for doctor, hospital, dental and vision care, and prescription costs
- Accounts earn competitive interest
- Interest income is tax-exempt and all qualified withdrawals are tax-free
- Employees keep their HSAs even if they leave your business
- A West Gate Bank® HSA comes with debit cards, Online and Mobile Banking access and more
