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What is HSAFlex?

Giving employees more control of their healthcare spend through HSAs paired with a qualified high-deductible health plan (HDHP) allow employers and their employees to make pre-tax contributions to an FDIC-insured savings account. (*) (**)

The employee owns the HSA account and all contributions. They can decide when and how to spend or save their money—it’s theirs forever and the funds don’t expire
Money in the account earns tax-free investment earning and interest. All funds earned and contributed may be used for eligible healthcare expenses can be withdrawn at any time without incurring taxes or penalties (*)
Money invested in an HSA is 100% tax deductible until annual contribution limits are reached. (*) (**)
Employees can use the HSA to save for retirement

*Part of the HSA “triple-tax advantage”: Pre-tax contributions, tax-free interest and investment earning, and tax-free withdrawals for qualified expenses
**ESG is not an investment advisor, plans are professionally managed mutual or ETF funds or self-directed accounts at Charles Schwab