What is the tax treatment of earnings on amounts in an HSA?

Earnings on amounts in an HSA are not taxable when credited, nor when the funds are withdrawn, if the withdrawal is for qualified medical expenses. If the withdrawal is for non qualified expenses, the accountholder will owe income taxes and a 20 percent penalty.

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