Glossary

Glossary - Numbers

1099-SA

Tax form mailed to the accountholder reporting HSA disbursements for the year.

125 Plans

See  Cafeteria Plan.

5498-SA

Tax form mailed to the accountholder reporting HSA contributions for the year.

8889

IRS tax form the accountholder must file with his/her tax return. The 8889 Form is used to report the accountholder’s disbursements (using 1099-SA) and contributions (using 5498-SA) for the year.

Invest in your HSA with UMB HSA Saver

Now you can invest your HSA savings in UMB HSA Saver and take advantage of our easy-to-use investing platform.

HSAs build long-term wealth

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.

Watch how to use your HSA

Make the most of your HSA by watching this informational video.