HSA and FSAs
A U.S. Bank Health Savings Account (HSA) and/or Flexible Spending Account (FSA) can save you money on eligible healthcare, dental, vision, and dependent care expenses. Your contributions to these accounts are tax-free, saving you money on federal and state income taxes and Social Security taxes.
If you elect the HSA Open Access POS health plan, you’ll be eligible to open an HSA, a tax-advantaged savings account that will help you save money.
The Healthcare and Dependent Care Flexible Spending Accounts help you save on eligible healthcare expenses and dependent care costs.
Logon to FSA Online: www.mycdh.usbank.com
For more information on these accounts, check out: