HSA Administration

CPI-HR’s Health Savings Account (HSA) Administration puts the power in the hands of the participant.

HSAs allow consumers to pay for qualified medical expenses with pre-tax dollars and save for retirement on a tax-deferred basis. An HSA is used in conjunction with a high-deductible HSA compatible health insurance plan to make health care more affordable and to save for retirement.

CPI-HR's HSA Administration service offers 24/7 web access to allow you to do the following:

Single sign-on web portal
Process contributions, setup accounts, view tax forms and notifications, and certify submitted expenses
Self-manage with abilities to submit receipts for certification, make withdrawals and contributions, enroll online, access statements, update personal and plan information, manage investments, and use the HSA calculator
View online contributions and view account information

HSA Debit Card

Investments

Account Holders can invest their HSA dollars in multiple bins
We offer investment prospectus, RIA developed lifestyle models and detailed investor statements
View, print and fill out tax forms online

Security

Secure single sign-on portal, for 24 hour a day access to accounts and account information
MCC restricted and IIAS integrated debit card prevents tax penalties for ineligible uses
We perform the Office of Foreign Assets Control Identification service check and manage the results