Glossary

Glossary - Numbers

1099-SA

Tax form mailed to the accountholder reporting HSA disbursements for the year.

125 Plans

See Cafeteria Plan.

5498-SA

Tax form mailed to the accountholder reporting HSA contributions for the year.

8889

IRS tax form the accountholder must file with his/her tax return. The 8889 Form is used to report the accountholder’s disbursements (using 1099-SA) and contributions (using 5498-SA) for the year.

Introducing UMB HSA Saver

UMB HSA Saver is a unique investment platform designed with ease in mind. Account holders can easily research, buy and sell funds with a couple clicks.

HSAs build long-term wealth

HSAs are available to help pay for current qualified medical expenses as well as to save for future expenses, all in a tax-exempt account.

Take the guesswork out of HSA administration

The UMB HSA empowers you and your clients with robust analytics, reporting tools and the communication support you'd expect from a top 10 HSA custodian.

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