Health Savings and Spending Accounts
The Transamerica HSA
High deductible health plans (HDHPs) give employees a lower-cost insurance option, but with lower premiums come potentially higher out-of-pocket costs.
With the Transamerica health savings account (HSA), you can offer an easy, integrated solution. Employees can pay qualified expenses now or save the money in their account to supplement their retirement income. With a unique triple tax advantage — no income tax on contributions, no tax on investment growth, and no tax on withdrawals when used for qualifying medical expenses — HSAs are a powerful tool to help employees plan, save, and take control of their future.
Benefits of the Transamerica HSA
Employers have choices when it comes to the administration of their HSA. Working with Transamerica as service provider for your retirement plan, employee benefits, and HSA can deliver cost efficiencies, convenience, and more:
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Easy employee access – All Transamerica accounts can be accessed using one username and password through transamerica.com, and our customer service representatives are prepared to help with any of our products through a single phone number
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Convenience – Employees pay medical expenses immediately with the HSA debit card or through the mobile app (single card for HSA, FSA, HRA, and QTAs)
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Education support – Coordinated, consistent employee education and communication from Transamerica, encouraging employees to take charge of their financial picture
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Investment flexibility – Have a Transamerica retirement plan? Use a subset of your existing retirement plan investment lineup, or the default Transamerica HSA lineup established by a third-party registered investment advisor (RIA)
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Competitive fees – Simple, straightforward pricing based on number of eligible employees
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Easy administration – Everything you need to manage your plans in one place
More resources to explore
Integrating Wealth + Health℠
Watch a video to learn more about how a Transamerica HSA can work for your employees.
Integrating retirement plans and healthcare savings
Find out how HSA savings can be used for more than current healthcare expenses.
Request for proposal
Learn more about Transamerica's HSA, FSA, Dependent Care FSA, HRA, ICHRA, LSA, and commuter benefit products.
Spending Accounts
Transamerica offers a variety of tax-advantaged spending accounts to help meet the needs of your employees.
Lifestyle Spending Account flyer
Promote healthy habits and overall well-being by creating an after-tax lifestyle spending account (LSA) for employees
HRA 101 flyer
Learn the basics and benefits of a health reimbursement arrangement
Medical FSA 101 flyer
What you need to know about the benefits of medical flexible spending accounts
Limited FSA 101 flyer
Understand how a limited flexible spending account may help employees manage healthcare spending
Dependent Care FSA 101 flyer
Learn how dependent care flexible spending accounts can help employees
Commuter Savings flyer
Find out how a qualified transportation account can benefit your company
Individual Coverage HRA 101 flyer
What to know about individual coverage health reimbursement arrangements
Know your limits
Find out how much you can contribute to your health savings account (HSA) this year
Call your Transamerica representative at 888-401-5826 to learn more about how Transamerica can help your employees manage their finances and healthcare expenses, now and in retirement.
Health savings products and services offered through Transamerica Health Savings Solutions, LLC. All Transamerica companies identified are affiliated.