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.

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.