Health Savings Accounts

HSAs, available January 1, 2004, are new consumer accounts that give qualifying individuals a tax-favored means of saving for and paying certain medical costs. The opportunity to make tax-deductible contributions and take potentially tax-free distributions will make HSAs extremely popular with consumers, and allow financial organizations that offer HSAs to significantly increase cross-selling opportunities. Entry into the HSA marketplace is fairly easy and parallels servicing an IRA in many ways. BISYS can assist you with education, forms, documents and reference material to assist you in establishing and maintaining these accounts. Simply click on the links below for more information.

To review a brief, informational presentation on HSAs, click here.

For additional information on BISYS HSA Products and Services, click here.

See Forms/Documents to order HSA forms online or contact a Customer Service Representative for HSA forms ordering information at 800-346-3860, opt. 2.

To review the BISYS HSA Industry Brief, click here.