Health Savings Accounts (HSA)
With A Lifewise HSA Health Plan You Don't Have To Be Sick to Benefit!
Reduce your annual cost of insurance by up to 50% or more.
Use your HSA funds for dental, orthodontia, vision, chiropractic, alternative care and numerous other IRS Qualified health related items.
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Gain three tax advantages with your HSA contributions: tax deductibility, tax deferred growth and tax free distributions.
Help fund your retirement! Unused HSA funds accumulate tax-deferred and can be withdrawn at age 65 without penalty.
Finally, Washington residents can combine the tax-favored status of a Health Savings Account with
"high-deductible" health insurance for money saving value!
There are two separate parts to the the program; First there is a High Deductible Health Insurance
plan that must meet certain requirements to qualify. Second, there is a Health Savings Account
where funds are deposited to pay tax-free for items not covered by the health insurance.
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