Most HSA administrators hold money and maintain a toll-free call center. FlexBank has teamed with a number of custodial banks to create the ultimate Health Savings Accounts. Here are just some reasons why the FlexBank HSA is different.

The FlexBank HSA

• Employers tend to change insurance companies. There is a distinct advantage to anchoring the savings component of an HSA type benefit program in a different place than the insurance coverage.
  
   
• At FlexBank, employees who need help will get to talk to the same person twice.
  
   
• FlexBank Administrators has an extensive educational resource center.
  
   
• FlexBank offers a "contribution filter" where we enter the maximum your employees may contribute each calendar year as to minimize the possibility of over-contributing.
  
   
• FlexBank can also do the administration for a limited FSA or HRA (vision & dental) for HSA participants and a full FSA or HRA for employees not electing an HSA.
  
   
• FlexBank can update your Section 125 documents with the IRS required language allowing HSA contributions on a pre-tax basis.

FlexBank, Inc. was established in 1971 and began administering Section 125 Flexible Spending Accounts in 1985, HRAs in 2003, and HSAs in 2005. Due to FlexBank's special insurance agent distribution system, over the past six years, the Company has grown to be a national presence at an average annual rate of over 30%. FlexBank, Inc. is a Licensed and Bonded TPA located in Dayton, Ohio. FlexBank makes available copies of its License and Bond upon request.

FlexBank HSA Administration – No Set Up Fees

Pricing Includes:

FlexBank will provide:

• Plan Design and Consultation where requested
• Employer Set Up Kit
• Trust Agreements

Monthly Fee includes:

• Monthly Administration & Accounting
• Debit Card
• On-Line Account Statements
• Monthly Account Statements
• On-Line Bill Paying
• E-Mail Deposit confirmation to either the Employer or to HSA owner
• Detailed website
• Toll-Free Employer and Employee Support