Glossary - S

Salary Reduction Plan

See Cafeteria Plan

Schedule of Fees

Listing of fees related to an account that an accountholder could incur.

Section 125 Plan

See Flexible Spending Accounts

Spending Account

Accounts used to pay for qualified medical expenses and/or benefit expenses. Spending accounts normally include Flexible Spending Accounts (FSAs), Health Reimbursement Arrangements (HRAs), Health Savings Accounts (HSAs), Transit Spending Accounts (TSAs), and Dependent Care Accounts (DCAs).


See Enrollee


The procedure of providing proof of purchase for a healthcare claim (typically, receipts).

Suspended HRA

Spending account where the employee has elected to forgo health reimbursements for the coverage period. Suspended HRAs may be combined with HSAs depending on plan design.

HSA Saver pages

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 RecepitVault

How to Use ReceiptVault

Easily track and manage your healthcare receipts using ReceiptVault.

HSA FAQ Resource

HSA FAQ Resource

Find answers to your most common HSA questions in our comprehensive HSA FAQ section.