How HSA's Work

 

YourFlex makes it EASY! 


All HSA’s administered by YourFlex are extremely easy to use.  There are three ways to deposit money in your account and three ways to withdraw money from your account.


Depositing Money In Your Account

YourFlex Health Savings Accounts are easy to use. YourFlex allows contributions via:

  • Payroll Deduction - Convenient regular payroll deductions through your employer.  This saves you Federal taxes, FICA taxes and usually state taxes.  Click here for instructions on how that works,
  • Mail Us a Check - Mail us a personal check to deposit in your account, or
  • Online Transfer -  Log into our website and transfer funds from your checking or savings account to your HSA Account.


Withdrawing Money From Your Account   
There are three ways you can pay your qualified medical bills using tax-free funds from a YourFlex HSA.
  • Debit Card - You can simply use the “no added fees” debit card from YourFlex
  • Disbursement Form  - You can mail or fax in a HSA Disbursement Form to get money transferred into your bank account, or
  • Online Transfer - Log into our website and transfer funds from your HSA Account to your checking account.

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