What does it mean to establish an HSA?

This is the date the HSA is legally established according to the trust laws in the state that the HSA is governed under. For UMB, an HSA is established once the individual agrees to HSA disclosures, including the custodial agreement, Terms and Conditions of the HSA, and the UMB Healthcare Services Privacy Policy and there are funds in the HSA. While the individual may agree to the disclosures in advance, no funds should be deposited until the first day of the month that all 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