Health Savings Accounts (HSAs)

Helping you manage healthcare costs for today and in the future

An HSA is a smart tool that can help you prepare for your future healthcare expenses and manage your day-to-day medical costs. Some people use their HSAs to pay healthcare bills as they come in, while others prefer to save for future needs. Because funds in your HSA never expire, you have an opportunity to build your balance over time. The money in your HSA is always yours, even if you change jobs, switch health plans, become unemployed or retire. Your unused balance rolls over from year to year so you never lose the money.

HSAs can save you money on taxes because (1) the funds are not taxed when put into an HSA1, (2) any earnings through interest and potentially through investing are not taxed, and (3) the money is not taxed when it is spent as long as the funds are used for qualified medical expenses.

Pay for the unexpected with your

HSAs not only cover planned out-of-pocket costs but allow you to be better prepared financially when an unexpected injury or illness comes along. HSA funds can be used for a variety of medical, dental, vision expenses and more.

View eligible expenses

Invest for the future with your HSA

HSAs can be used similar to traditional retirement accounts, allowing you to invest money in mutual funds,2 similar to a 401(k) or traditional IRA.

When your balance reaches the minimum balance set by your HSA Administrator (typically $1,000), you have the option to invest your HSA funds into the UMB HSA Saver investment portfolio.2

Invest in your HSA

Steps to open your

Find out how to start taking control of your healthcare costs and open an HSA.

Get Started

How to use your

It's easy to use your HSA. With UMB, you have a variety of tools to access your funds including your HSA debit card, online bill pay and online reimbursement. You can also use your HSA to save and invest for the future.

Start Now

More Benefit Spending Account options:

1All mention of taxes is made in reference to federal tax law. State taxes may vary. Consult your tax advisor for details.

Investments in securities through UMB HSA Saver are:
Not FDIC Insured • May Lose Value • No Bank Guarantee

UMB Investment Management selects mutual funds in various asset classes for inclusion in the UMB HSA Saver Investment Program. UMB Custody Services provides safekeeping and settlement of the mutual fund investments in the UMB HSA Saver® investment program. UMB Investment Management and UMB Custody Services are departments of UMB Bank, n.a. UMB Bank, n.a. is a wholly owned subsidiary of UMB Financial Corporation. UMB Custody Services provides safekeeping and settlement of the mutual fund investments in the UMB HSA Saver® investment program.