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Save now, cash in later

Watch your HSA balance grow

By delaying reimbursement for qualified medical expenses that you pay out-ofpocket, you can save toward a future financial goal. With an HSA, there is no time limit to reimburse yourself for qualified medical expenses that you pay out-ofpocket, which means you can accumulate the reimbursable amount until you reach a determined goal while building tax-free earnings.

Here's how you can do it

  1. Set a savings goal

    Establish a goal and determine how much money you will need to achieve it.

  2. Pay medical expenses out-of-pocket

    By paying medical expenses out-of-pocket, you allow the funds in your HSA to continue to build and earn tax-free interest.

  3. Archive your receipts

    Keep track of your medical receipts, EOBs and invoices by uploading them to your account via the documentation library available on the member portal and mobile app.

  4. Reach your savings goal

    Track your accumulated reimbursable expenses online until you reach the desired amount.

  5. Cash in

    Use the HealthEquity member portal or mobile app to submit a reimbursement for the accumulated qualified medical expenses and receive a tax-free payment for the amount of out-of-pocket expenses you paid.