HSA

A Health Savings Account (HSA) can be a valuable tool in designing a comprehensive healthcare program for your employees. Choice Strategies has a long-standing partnership with BenefitWallet, formerly ACS/BNY Mellon, to provide feature-rich HSAs to our clients. Together, we provide tremendous tools and recources to help you create a custom cost-savings solution for you and your employees.

The BenefitWallet website education page provides HSA account holders and employers with a wealth of educational resources. The website also includes an extensive FAQ section that is divided up into specific topics.

Tax Implications for HSAs

Pre-Tax Contribution Limits

Eligible Expenses

  • Items subject to the deductible
  • Co-pay or coinsurance of the health care plan
  • Dental
  • Vision
  • Orthodontia
  • Limited over-the-counter items
  • Alternative treatments
  • A complete list of FSA/HSA eligible expenses is on our website within the Helpful Links section

Helpful Links and Resources