How is an HSA established or opened?

An HSA is established by agreeing to the UMB disclosures (written HSA custodial agreement, Terms and Conditions, and Privacy Statement) and by funding the account. The IRS allows an individual to establish an HSA on the first of the month or any day after all the eligibility requirements are met.

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.

How to Use ReceiptVault

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 with robust analytics, reporting tools and the communication support you'd expect from a top 10 HSA custodian