americanfidelity.com
Open in
urlscan Pro
45.60.32.124
Public Scan
Submitted URL: https://afhsa.americanfidelity.com/
Effective URL: https://americanfidelity.com/support/hsa
Submission: On August 06 via automatic, source certstream-suspicious — Scanned from DE
Effective URL: https://americanfidelity.com/support/hsa
Submission: On August 06 via automatic, source certstream-suspicious — Scanned from DE
Form analysis 2 forms found in the DOM
Name: MobileHeaderSearchForm — GET /search/
<form id="MobileHeaderSearchForm" name="MobileHeaderSearchForm" class="px-0" method="get" action="/search/" novalidate="novalidate" autocomplete="off">
<div class="mobile-search-input-wrapper m-0 px-3 py-2 bg-grey7">
<div class="input-group">
<label for="MobileHeaderSearchInput" class="sr-only">Search Term</label>
<input id="MobileHeaderSearchInput" type="text" name="q" class="search-input form-control input-search px-2" placeholder="Search">
<div class="input-group-append">
<span class="input-group-text input-search input-search-wg" id="basic-addon2">
<label for="search-drawer" class="sr-only">Search</label>
<button type="submit" id="search-drawer" class="search-container-icon" name="submit" tabindex="0">
<i class="fas fa-search grey-8" role="none" focusable="false" aria-hidden="true"></i>
</button>
</span>
</div>
</div>
</div>
</form>GET /search/
<form id="searchForm" action="/search/" method="GET" auto-complete="false" novalidate="novalidate">
<input id="search-modal-module" value="" type="text" name="q" class="wgm-search-input" aria-label="Search Term" placeholder="Search" autocomplete="off">
<span class="wgm-search-modal-icon my-auto">
<input id="search-input" aria-label="Search" class="wgm-search-modal-submit" type="submit" value="">
</span>
</form>Text Content
Menu
* Search Term
Search
* File a Claim
Login
* Home
* Benefits Strategy
* Employee Benefits
* Communication and Education
* Enrollment and Admin
* HR Assistance
* Tax Savings
* Compliance Updates
* Products
* Benefits
* Dependent Verification
* HR Technology
* Reimbursement Accounts
* Retirement Savings
* Section 125
* Why Us
* For Education
* For the Public Sector
* For Automotive
* Account Managers
* Customer Testimonials
* Blog
* Benefits Strategy
* Reimbursement Accounts
* Supplemental Benefits
* Customer Stories
* Compliance Updates
* Support
* Videos
* Contact Us
* Claims
* OR Leave Support
* Are you covered
* Payments and Benefits
* Leave Documentation
* How to Request Leave
* Resources
* FAQs
* OR PFMLI Support
* Managing Paid Leave
* Managing Your Census File
* Historical Earnings
* Paying Your Premiums
* Reporting Requirements
* Tax Regulations
* Resources
* FAQs
* Careers
* Corporate Careers
* Sales Careers
* About Us
* CO Leave Support
* Are you covered
* Payments and Benefits
* Leave Documentation
* How to Request Leave
* Resources
* FAQs
* CO PFMLI Support
* Managing Paid Leave
* Managing Your Census File
* Historical Earnings
* Paying Your Premiums
* Reporting Requirements
* Tax Regulations
* Resources
* FAQs
Site Map
Skip to main content
Menu File a Claim Login
American-Fidelity-logo
Menu
Menu File a Claim Login
American-Fidelity-logo
American Fidelity Logo American Fidelity Logo
1.
2. Strategy
1. *
* Employee Benefits
* Communication and Education
* Enrollment and Admin
* HR Assistance
* Tax Savings
* Compliance Updates
*
3. Products
1. *
* Benefits
* Dependent Verification
* HR Technology
* Reimbursement Accounts
* Retirement Savings
* Section 125
*
4. Why Us
1. *
* For Education
* For the Public Sector
* For Automotive
* Account Managers
* Customer Testimonials
*
5. Blog
1. *
* Benefits Strategy
* Reimbursement Accounts
* Supplemental Benefits
* Customer Stories
* Compliance Updates
*
6. Support
1. *
* Videos
* Contact Us
*
7. Claims
1. *
*
8.
Login
HEALTH SAVINGS ACCOUNT (HSA) SUPPORT
HSA Eligible Expenses Reactivate Your Card
FREQUENTLY ASKED QUESTIONS
GENERAL FAQS
* What is a Health Savings Account?
An HSA is an account that allows you to set aside money, tax-free, to pay for
eligible medical expenses of an eligible individual, their spouse, and their
tax dependents. You must be covered by a qualified High Deductible Health
Plan (HDHP) to be eligible to make contributions to an HSA.
* What is a qualified High Deductible Health Plan (HDHP)?
Generally, to contribute to an HSA, you may only have health coverage under a
qualified HDHP. A qualified HDHP usually has a higher annual deductible and
lower premium than a PPO health insurance plan. Additionally, there are
limits on the annual deductible and out-of-pocket maximum that you must pay
for covered expenses.
Minimum deductible and maximum out-of-pocket levels required for a plan to be
a qualified HDHP are determined by the Internal Revenue Service each year and
are adjusted for inflation.
* What are the benefits of an HSA?
HSAs offer tax savings in three different ways providing you with more
spendable income, regardless of your income level. Individuals may save money
tax-free and build assets that they can use in their retirement years; and/or
reduce their medical costs right now. Note: State tax treatment may vary
depending on the state. Consult your tax advisor.
1. HSAs afford you several tax advantages:
* Tax-free contributions
* Tax-free growth
* Tax-free distributions for eligible medical expenses
2. You “own” the account:
* Balances roll over from year to year, there’s not a “use or lose”
requirement
* Even if you change jobs, change medical coverage, become unemployed,
move to another state, or change your marital status, your HSA goes
with you!
3. Flexibility:
* HSA dollars may pay for eligible medical expenses as defined by the
Internal Revenue Code. Eligible medical expenses would include
deductibles, co-payments, dental, vision expenses, or doctor
appointments, as long as these expenses are not covered by other
insurance.
4. Retirement Savings:
* Once you reach the age of 65, you can withdraw your HSA funds for
non-medical purposes as needed in retirement - you will only need to
pay income tax on the withdrawals.
* What happens to my HSA if I switch employers?
You own your HSA, and you may take it with you wherever you work. If you
participate in a qualified HDHP at your new employer, you may continue
contributing to your HSA. If your employer has an HSA set up under a Section
125 Plan, you may continue to contribute on a pre-tax basis through payroll
deduction.
If your employer does not offer a qualified HDHP, you may no longer
contribute to your HSA. However, you may still use your remaining HSA funds
to pay for eligible medical expenses.
* What if I am no longer covered by a qualified HDHP?
If you are no longer covered under a qualified HDHP, you may no longer
contribute to your HSA. However, you may still use your remaining HSA funds
to pay for eligible medical expenses.
* Can my HSA be used to pay premiums?
Generally, HSA funds may not be used to pay for health insurance premiums
tax-free. However, there are exceptions for some premiums that are eligible
medical expenses for an HSA. You may use your HSA funds to pay for health
insurance premiums if you are collecting Federal or State unemployment
benefits, have COBRA continuation coverage through a former employer, or have
Medicare part A, B, C, or D (supplemental medical coverage premiums do not
qualify).
* Do the funds in an HSA roll over?
Yes, unused funds roll over year to year, so you will not lose any money you
don’t use.
* Can you have more than one HSA?
Yes, you can have more than one HSA. You must be covered by a qualified HDHP
to contribute to them, and your contributions combined must not exceed the
annual maximum limit.
* What can I purchase with my HSA?
The funds you withdraw from your HSA are tax-free when used to pay for
eligible medical expenses. Refer to the HSA Eligibility List for a
comprehensive look at many of the items covered by an HSA.
* Do HSAs cover anything not eligible in a Healthcare Flexible Spending Account
(HCFSA)?
Yes, in addition to covering the same items as an HCFSA, HSAs will also cover
COBRA and some long-term care expenses.
* Can HSA funds be invested?
Yes, an HSA offers significant tax advantages and provides opportunities to
invest in mutual funds. If you’re looking for an additional way to plan for
retirement, an HSA may provide you with another means to save for your
retirement goals.
There is no time limit on when you can be reimbursed for eligible expenses,
you can continue to invest your funds until you truly need them. For example,
if you opened your HSA in January 2021 and had eligible medical expenses in
June 2021 but decided to pay out-of-pocket, you can be reimbursed for those
funds months or even years later. This is a great way to utilize your HSA as
a savings tool for retirement. If you reach retirement age with years’ worth
of eligible medical expenses, you can still receive reimbursement for these
expenses free of taxes. The main thing to remember when applying this
strategy, is to ensure you keep all your medical receipts and documentation
in case of IRS audit.
* What happens to my HSA when I die?
Upon the death of an HSA account holder, any amounts remaining transfer to
the designated beneficiary. If the beneficiary is the surviving spouse, then
the spouse becomes the account holder of the HSA and the transfer is not
taxable. Any withdrawals that are used for non-eligible medical expenses are
subject to income tax. If the beneficiary is not the spouse, then the HSA
ceases to be an HSA and is subject to income tax.
To update your HSA beneficiary, follow these steps:
* Login to your online account.
* Click Manage My Reimbursement Account.
* Select your HSA under My Accounts.
* Click View Beneficiaries and add your primary and contingent
beneficiaries.
Note: When adding beneficiaries, you must allocate the percentage for each
person and it must total 100%. Your beneficiary update will not be effective
until you complete the allocation.
* When can I start investing my HSA funds?
Account holders can choose to invest their funds in a variety of options. A
minimum balance of $2,500 must be maintained in the HSA before investing.
You will not be charged fees to invest, however, fees associated with certain
funds may be incurred. We recommend you review the fund’s prospectus for
additional information when choosing the right investment option for you.
* How do I pay with my HSA?
Benefits Debit Card
When you use your Benefits Debit Card to pay for eligible medical expenses,
the amount is deducted straight from your account.
Out-of-Pocket Reimbursement
With an HSA, funds are available in your account as contributions are made.
If funds are not yet available at the time a payment is due, you may pay out
of pocket and reimburse yourself when you have funds in your account with the
following methods:
Online Bill Pay
You can choose to reimburse yourself for any eligible medical expenses or pay
your provider directly from your online account using our online bill pay
option.
* How can I look up my HSA balance?
* Online
* Log in to your online account
* Under Reimbursement Accounts, select your HSA to review your balance and
transaction history
* AFmobile®
* Log in to AFmobile to view your HSA balance from the home dashboard.
* How do I access my HSA online?
If you already have an American Fidelity online account, simply log in to
your account to view your HSA information.
If you have not created an account, click here to register now. Then, follow
the prompts to complete the registration process. You will use this same
registration information on the mobile app, AFmobile®.
TAX INFORMATION
* Are there any tax penalties if I close my HSA?
There are no tax penalties to close your HSA. Keep in mind, if you withdraw
the remainder of your account when you close your HSA and don't roll over to
another HSA or use the dollars for eligible medical expenses, you must report
the withdrawals as income on your income tax return and you will owe a 20%
additional tax penalty before age 65.
* Do I need to report HSA activity on my tax forms?
Yes, there are specific forms you will receive to properly complete
your income tax return if you have an HSA. Below are a few of the necessary
forms you will need to help you file your tax return correctly with the
Internal Revenue Service (IRS).
NOTE: American Fidelity Assurance Company does NOT provide tax advice. If you
have questions regarding how to fill out IRS Form 8889, you will need to
consult a tax professional.
IRS Form 1099-SA reflects all distributions from your HSA for the previous
tax year. You will only receive this tax form if you’ve taken distributions
for the specific tax year. Forms are mailed out and made available to you
through your online account at the end of January.
IRS Form 5498-SA indicates your total contributions from the previous tax
year. These contributions can be made up until the federal tax-filing
deadline (usually April 15) of the new tax year. Forms are mailed out and
made available to you through your online account at the end of May.
If you had contributions deducted from your paycheck, you can find this
information already included in your Form W-2 in box 12. You will not have to
wait until the end of May for your contribution information.
IRS Form W-2 shows total contributions made to your HSA through your employer
(both your own pre-tax contributions and any your employer makes on your
behalf) in Box 12W. This form is provided to you by your employer.
IRS Form 8889 is used to report contributions, distributions, and your tax
deductions. You or your tax professional will complete this form using IRS
Forms 1099-SA and 5498-SA provided by American Fidelity.
IRS Resources:
Internal Revenue Service (IRS) website
IRS Publication 502 – Eligible and ineligible medical expenses.*
IRS Publication 969 – Health Savings Accounts and other tax-favored health
plans
IRS Forms 1099-SA and 5498-SA – Complete instructions for these forms
*While this is a guide, not all expenses in the publication are eligible
expenses for reimbursement from the HSA. Please reference American Fidelity’s
list of Health Savings Account (HSA) eligible expenses to ensure your expense
is eligible under your employer’s plan. Other eligible expense lists may not
be tailored to your employer’s plan.
* How do I find my HSA tax forms?
There are two sets of tax forms:
Your annual tax Form 1099 will be mailed to the address on file by January 31
each year.
Your annual tax Form 5498 will be mailed to the address on file by May 31
each year.
If you prefer to have a digital copy, follow the instructions below to
download your forms.
Download Instructions: We recommend accessing your forms on a browser and not
through the mobile app.
1. Log in to your account and select Manage My Reimbursement Account.
2. Click the red menu on the top left, click My Accounts, then
select Benefit Account Summary.
3. Select the Tax Forms link in the Account Resources section. This is
located just above your account balance graph.
4. You may be prompted to complete a PDF verification step. Follow the
instructions provided.
5. Select the form name to download.
REIMBURSEMENTS
* How do I reimburse myself?
The fastest way to file a reimbursement claim is through your online account,
or on our mobile app, AFmobile®.
* Online
* Log in to your online account.
* Click on the File a Claim button.
* Select Reimbursement Account(s).
* Complete the claim form.
* Click the Submit button.
* AFmobile
* Touch the Submit Reimbursement button on the AFmobile dashboard
* Complete the Claim Form
* Click the Submit button
* Fax or Mail
* Download and complete the HSA Distribution Request Form. Please note,
paper claim filing is not the fastest option.
Although documentation is not required to receive reimbursement for your HSA,
it is important to keep all documentation to show proof of eligible expenses
in case of an IRS audit.
* Is there a time limit to when I can reimburse myself?
No, there is no time limit to when you can reimburse yourself, as long as
the eligible medical expenses were incurred after you opened your HSA.
For example, if you opened your HSA in January 2021 and had eligible medical
expenses in June 2021 but decided to pay out-of-pocket, you can be reimbursed
for those funds months or even years later. This is a great way to utilize
your HSA as an emergency savings fund for larger expenses down the road. This
also helps with saving for retirement. If you reach retirement age with
years’ worth of eligible medical expenses, you can still receive
reimbursement for these expenses free of taxes. The main thing to remember
when applying this strategy is to ensure you keep all your medical receipts
and documentation in case of IRS audit.
* Do I need to keep receipts for HSA transactions?
You are not required to submit documentation to withdraw funds from your HSA.
However, we recommend keeping documentation for your records to prove funds
were used for eligible medical expenses in case of an IRS audit.
ELIGIBILITY
* Who is eligible to open an HSA?
You can open an HSA if you are:
* Enrolled in a qualified HDHP
* Not covered by any other type of health plan, including Medicare
* Not claimed as a dependent on another person’s tax return (excluding
spouse)
* Can I use my HSA to pay for my spouse or dependent’s eligible medical
expenses?
Yes, but there are a few important things to know.
As the HSA account holder, you are eligible to use your funds, without
penalty, for eligible medical expenses of your spouse.
To use HSA funds for dependent expenses, the dependent must be claimed as a
dependent on the HSA owner’s tax return. Because of this, a scenario could
exist where an employee’s adult dependents are covered on the medical plan,
but the employee’s HSA cannot be used to cover medical expenses for those
dependents.
HSA Mistakes to Avoid: Spouse Rules
HSA Mistakes to Avoid: Dependent Rules
* What expenses are eligible to purchase with HSA funds?
Refer to the HSA Eligibility List for a comprehensive look at many of the
items covered by an HSA.
* Who is not eligible to participate or benefit from an HSA?
* You have secondary coverage that is non-HSA compatible.
* If you are covered by a qualified HDHP and also have secondary coverage
through your spouse’s health plan that does not meet the minimum
requirements for an HDHP, you would not be eligible to establish a new
HSA or make contributions to a current HSA.
* You are claimed as a dependent on another’s tax return.
* If you are still being claimed on someone else’s tax return, you are not
eligible to establish your own HSA. If this is the case, you may still
be able to use the HSA funds (if applicable) of the parent or guardian
claiming you on their tax return.
* You participate in a general purpose Healthcare FSA or HRA.
* If you or your spouse participates in a Healthcare Flexible Spending
Account (Healthcare FSA) or a Health Reimbursement Arrangement (HRA)
that allows for reimbursement of your medical expenses, you are not
eligible to establish a new HSA or make contributions to a current HSA.
* You use VA or Indian Health Service medical benefits.
* If you have accessed VA or Indian Health Service medical benefits, you
must wait three months from the time of use of those benefits to make
contributions to your HSA. This does not include use of VA or Indian
Health Service benefits for preventative care, dental, vision, well-baby
visits, and immunizations.
* You are enrolled in Medicare or TRICARE.
* Once you are enrolled in Medicare or TRICARE, you are no longer eligible
to make contributions to your HSA. However, you may still continue to
use your funds. If you are age 65 or older, as long as you have not
enrolled in Medicare or TRICARE, you may continue to make contributions
and use your funds.
CONTRIBUTIONS
* What is the maximum annual contribution amount?
For 2023, the contribution limits are $3,850 for single plans and $7,750 for
family plans.
For 2024, the contribution limits are $4,150 for single plans and $8,300 for
family plans.
* How do the contributions work for married couples?
If both spouses have an HSA and are eligible to contribute, their total
contributions cannot exceed the family maximum, regardless of if they have
individual HSA accounts or a family account.
* What is the "catch-up" contribution for individuals 55 or older?
The “catch-up” contribution is $1,000 annually. To be eligible for the
catch-up contribution, you must be between the ages of 55 and 65. You are
still eligible after the age of 65 if you are not enrolled in Medicare.
* How do I contribute to my HSA?
We offer three easy ways to contribute funds to your HSA:
Contribute Through Payroll Deduction
Payroll deduction allows you to have contributions taken directly from your
paycheck. The funds are deducted pre-tax through your employer’s Section 125
Plan. You may change or stop your contribution amount at any time through
your employer.
Employees should contact their Human Resources department to start payroll
deductions.
Contribute Online or By Check
To contribute online, log in to your online account and click Manage My
Reimbursement Account. From the home dashboard, select Health Savings
Account. Click on the Contributions button, then select Add Contribution.
If you decide to contribute directly to your account, you will need to take
the appropriate steps on your annual tax return to receive the tax savings
benefit. You may also contribute by check by completing a Contribution Form.1
Transfer Funds from Another Provider
New or existing account holders may roll over or transfer HSA funds from
another provider to American Fidelity. This allows you to consolidate your
HSA funds into one account, minimizing account maintenance. Contact your HSA
provider for instructions.
INVESTMENTS
* How do I apply for an HSA investment account?
1. Log in to your online account or register for one
2. Select the Manage My Reimbursement Account button
3. Under My Accounts, select Health Savings Account box
4. Select the Investment button
5. Select the Apply For an Investment Account button and follow the screens
to begin investing your HSA funds
View this step-by-step guide on how to apply for an investment account.
* How do I manage/access my investment funds?
1. Log in to your online account and select Manage My Reimbursement Account
2. Select Health Savings Account under My Accounts
3. Scroll down to the Investment section
4. To manage your funds, select View/Trade
View this step-by-step guide to access the investment site.
* How do I transfer funds from my HSA to my HSA investment account?
While viewing your investment account, click Claims and Spending > Access >
Benefit Account Summary > Investments > Transfer to Investments. If a new
window does not open automatically, please ensure your pop-blocker is
disabled.
Enter the amount that you want to transfer next to Transfer Amount. Then
click Submit.
A window will open to confirm that your transfer was submitted successfully.
Read the information regarding transfer timing and click Close.
You should then see the transaction as a Pending Transfer.
* What is the HSA Guided Portfolio?
The HSA Guided Portfolio is a planning tool that helps you create an asset
allocation that fits into your HSA investment goals and risk tolerance. After
completing a few simple questions about your risk tolerance and how you
intend to use and access the money in your HSA investment account. A
potential allocation mix is provided.
To access the HSA Guided Portfolio, select Tools & Education > HSA Guided
Portfolio > Let’s Begin!
* Where can I view an account statement?
Investment account statements are separate from HSA statements. You will be
notified by email when your quarterly statement has been posted. If you do
not have an email on file, to access your HSA investment statements, you will
need to log in to the member website.
To view your quarterly investment statements, select Activity > Quarterly
Statements > Download.
* How often are investment fund performance results updated?
Performance is updated monthly and will be viewable from within your online
account.
* How long does it take to transfer money?
It takes 1-2 business days to transfer money to/from your HSA investment
account. The transferred funds are available in 2-4 business days.
* Can I use my investment funds to pay for eligible medical expenses?
Yes, but the money from your HSA investment account will need to be
transferred back to your HSA to pay for eligible medical expenses.
* What investment options are available to me through my HSA investment
account?
You may find a list of available mutual funds by viewing the Fund Performance
Dashboard.
* How do I request a distribution from my HSA investment account?
Click on Move Money under the Invest menu option. Here you can enter the
dollar amount you wish to pull from the investment account back to your HSA
deposit account.
The money will be liquidated from your investment account pro-rata according
to your current investment allocations from your investment account.
*For example, if you are requesting $100.00 and you are invested 70% in Fund
A, 20% in Fund B and 10% in Fund C, the $100.00 will be pulled $70.00 from
Fund A, $20.00 from Fund B and $10.00 from Fund C.
* Who is Devenir and what is their role?
Devenir, LLC is a registered broker-dealer, member FINRA/SIPC and is
providing brokerage services to you directly or through third parties.
Devenir Investment Advisors, LLC, is a registered investment advisor and
affiliated company of Devenir, LLC. Devenir Investment Advisors, LLC has
selected, and American Fidelity has accepted, certain mutual funds for
inclusion in the HSA investment program. Devenir, LLC, Devenir Investment
Advisors, LLC and American Fidelity are separate and unaffiliated firms, and
are not responsible for each other’s services or policies.
RETIREMENT
* Can I have an HSA and an Individual Retirement Account (IRA)?
Yes, you can have both an HSA and an IRA.
Although HSAs operate under many of the same rules that apply to traditional
IRAs, an HSA is not an IRA; it is a tax-advantaged savings account for
current and future medical expenses.
* Can you use your HSA after you retire?
At age 65 and older, your funds continue to be available without federal or
state income tax (in most states) for eligible medical expenses. For
instance, you may use your HSA to pay certain insurance premiums, such as
Medicare Parts A and B, Medicare HMO, or your share of retiree medical
coverage offered by a former employer. Funds cannot be used tax-free to
purchase Medigap or Medicare supplemental policies.
However, with enrollment in Medicare, you are no longer eligible to
contribute to your HSA. If you reach age 65 or become disabled, you may still
contribute to your HSA if you have not enrolled in Medicare.
If you use your funds for eligible medical expenses, the withdrawals from
your account remain tax-free. If you use the funds for non-eligible expenses
after you turn 65, the distribution becomes taxable but exempt from the 20%
penalty.
* How does an HSA work with Medicare?
You may not contribute to an HSA if you are enrolled in Medicare. However,
you may still use your existing HSA funds for eligible medical expenses
tax-free (in most states). If you choose to use the funds for ineligible
medical expenses, and you are age 65 and older, you must only pay income tax
on the funds—the 20% additional tax penalty does not apply to you. If you are
Medicare eligible, but you have not enrolled in Medicare, you are eligible to
contribute to an HSA if you meet all other eligibility requirements.
BENEFITS DEBIT CARD
* What is a Benefits Debit Card?
A Benefits Debit Card allows you to pay for eligible expenses, such as over
the counter medicine, prescriptions, medical supplies, and copayments. If
your employer has elected to provide a Benefits Debit Card, you may use this
card instead of paying out of pocket.
* Where can I use my Benefits Debit Card?
You may use it at most health care facilities, including hospitals,
physician’s, dental, and vision offices.
Additionally, many merchants also accept the card. To view a list of
participating stores, visit SIGIS Store Locator.
* My Benefits Debit Card was lost or stolen. How do I get a new one?
Log in to your online account and select Manage My Reimbursement Account.
Then, hover over your name on the top right and click Debit
Card(s). Click Report Lost or Stolen next to the appropriate card. Once
complete, you will have the option to order an additional card.
Report a Card Lost/Stolen
* How do I request debit cards for my dependents?
If you have additional qualified dependents, you may request a card for them
through your online account, or on our mobile app, AFmobile®. Here’s how:
* Online
1. Log in to your online account.
2. Select Manage My Reimbursement Account.
3. Hover over your username the right side of the navigation bar and
select Profile.
4. At the bottom of this screen, select Add Family Member.
5. In the Add Family Member window, select the box to Issue Dependent
Card.
6. When complete, click Next and Save.
* AFmobile
1. Select the Profile, and then select Family Members.
2. In the Add Family Member window, select the box to Issue Dependent
Card.
3. When complete, click Next and Save.
* How do I dispute a fraudulent debit card charge?
If you see any suspicious activity with your Benefits Debit Card, report it
within 60 days to dispute the charge immediately. The fastest way to dispute
a charge is by completing the form online. Here's how:
* Log in to your online account.
* Click the Manage My Reimbursement Account button.
* Expand the fraudulent transaction in either the Claim Activity,
Transaction, or Account Activity page.
* Complete and e-sign the dispute form.
You can also dispute a charge by calling us at 800-662-1113.
* My transaction is marked resolved, now what?
No additional action is needed on resolved transactions. Please review your
transaction history for reimbursement information.
* What can I buy with my card?
Your Benefits Debit Card is for eligible medical expenses only. Check out
this list of HSA eligible expenses.
* Am I required to submit documentation for every Benefits Debit Card
transaction?
No. You do not need to provide documentation for your Benefits Debit Card
purchases. However, you should keep all medical documentation as proof of
transactions in case of an Internal Revenue Service (IRS) audit.
* If I have a Limited Purpose Flexible Spending Account (LPFSA) and an HSA,
will my Benefits Debit Card work for both?
Yes, you may use your Benefits Debit Card for both accounts. Eligible vision
and dental expenses will be deducted from your LPFSA first, because those
funds expire at the end of your plan year. When your LPFSA funds have been
used up, your HSA funds will be deducted.
* How do I pay with my Benefits Debit Card?
When you use your Benefits Debit Card to pay for eligible medical expenses,
the amount is deducted straight from your account. Here are other methods of
paying for eligible medical expenses:
Out-of-Pocket
With an HSA, funds are available in your account as contributions are made.
If funds are not yet available at the time a payment is due, you may pay out
of pocket and reimburse yourself when you have funds in your account with the
following methods:
Online Bill Pay
You can choose to reimburse yourself for any eligible medical expenses or pay
your provider directly from your online account using our online bill pay
option.
* How do I access my Benefits Debit Card PIN number?
Online
1. Log in to your online account
2. Select Manage My Reimbursement Account
3. Select your name in the right-hand corner of the screen.
4. Select Debit Card(s)
5. Select the card you want the PIN number for
6. Select View PIN
AFmobile
1. Log in to AFmobile
2. In the Reimbursement Accounts section, select See All
3. Select Manage your accounts
4. Select Menu
5. Select the My dropdown, then select Debit Card(s)
6. Select the card you want the PIN number for
7. Select View PIN
RATES AND ACCOUNT FEES
INTEREST RATES & ANNUAL PERCENTAGE YIELD (APY)1
Daily Balance
Rate
APY
$0.00 - $500.00
0.00%
0.00%
$500.01 - $2500.00
0.09%
0.09%
$2500.01 - $5000.00
0.12%
0.1201%
$5000.01- $10000.00
0.15%
0.1501%
$10000.01+
0.25%
0.2502%
FEES
Service
Fees
Monthly Maintenance Fee2
$2.00
Withdrawal Processing Fee
Included
Manual Distribution Form
$10.00
Deposit Item Return, Excess Contribution Withdrawal, Mistaken Distribution
Return, Stop Payment
$15.00
Investments (stocks, mutual funds)3
Included
Trade Fees
Included
Quarterly Statements
Included
Reissue of Reimbursement Check, Corrected IRS Filing Fee/copy,
Rollover/Transfer, Wire Transfer, Account Closure, Research on Account/Debit
Card Transactions
$25.00
Miscellaneous Fees4 (if applicable, fee is charged per transaction)
Per Transaction
HOW TO USE YOUR HSA
If your employer offers a High Deductible Health Plan, your HSA can help you
with eligible out-of-pocket expenses.
Learn More About HSAs
HSA FEATURES
Rolling Balance
Balance may be rolled over year-to-year and doesn’t expire
Portable
You own the account—take it with you wherever you go
Invest
Funds may be invested in a variety of accounts
Flexible
Start, stop, or change contributions at any time, subject to plan provisions
HSA ARTICLES
Got the flu? How your HCFSA or HSA can help.
2024 Reimbursement Account Limits Announced
HSA Rollover: Getting the Most Out of Your Funds
How to increase HSA participation with a wellness program
What are the benefits of a reimbursement account?
Reimbursement Accounts: Are Allergy Shots and Allergy Medicine Covered?
Study Shows Americans Want Help with Health Care Costs
Tips for Transitioning to a High Deductible Health Plan (HDHP)
The Top 7 of 2024: FAQs on HSAs
5 ways your HSA can support your mental health
Got the flu? How your HCFSA or HSA can help.
2024 Reimbursement Account Limits Announced
HSA Rollover: Getting the Most Out of Your Funds
How to increase HSA participation with a wellness program
What are the benefits of a reimbursement account?
Reimbursement Accounts: Are Allergy Shots and Allergy Medicine Covered?
Study Shows Americans Want Help with Health Care Costs
Tips for Transitioning to a High Deductible Health Plan (HDHP)
The Top 7 of 2024: FAQs on HSAs
5 ways your HSA can support your mental health
Got the flu? How your HCFSA or HSA can help.
2024 Reimbursement Account Limits Announced
Benefits Strategy
STUDY SHOWS AMERICANS WANT HELP WITH HEALTH CARE COSTS
August 01, 2019
2 minute read
Learn how offering an HCFSA or an HSA can help employees navigate qualified
medical out-of-pocket expenses.
Benefits Strategy
TIPS FOR TRANSITIONING TO A HIGH DEDUCTIBLE HEALTH PLAN (HDHP)
May 24, 2017
6 minute read
Transitioning to medical plans doesn't have to be complicated. Here are some
tips to make the transition to a HDHP smoother.
Reimbursement Accounts
THE TOP 7 OF 2024: FAQS ON HSAS
June 18, 2024
7 minute read
Understanding HSAs may help employees feel valued, make informed decisions about
their careers and manage their finances more effectively.
Reimbursement Accounts
5 WAYS YOUR HSA CAN SUPPORT YOUR MENTAL HEALTH
March 07, 2024
10 minute read
Stress and anxiety can affect our lives in countless ways. Help take care of
your mental health and well-being by utilizing your HSA.
Reimbursement Accounts
GOT THE FLU? HOW YOUR HCFSA OR HSA CAN HELP.
January 25, 2024
4 minute read
The flu can be a miserable experience, but if you have an HCFSA or HSA, you may
be able to get some financial relief.
Reimbursement Accounts
2024 REIMBURSEMENT ACCOUNT LIMITS ANNOUNCED
December 26, 2023
1 minute read
The IRS announced annual inflation adjustments for FSAs and HSAs. These
increases are effective for plan years beginning January 1, 2024, and later.
Reimbursement Accounts
HSA ROLLOVER: GETTING THE MOST OUT OF YOUR FUNDS
December 12, 2023
3 minute read
Unlike FSAs, HSAs do not follow a “use it or lose it” rule. Any funds you don’t
use during your plan year will roll over to the next year.
Reimbursement Accounts
HOW TO INCREASE HSA PARTICIPATION WITH A WELLNESS PROGRAM
December 05, 2023
3 minute read
Wellness programs can play a critical role in helping to increase HSA
participation.
Reimbursement Accounts
WHAT ARE THE BENEFITS OF A REIMBURSEMENT ACCOUNT?
October 24, 2023
2 minute read
Offering reimbursement options is an effective way to improve employee
experiences and employer satisfaction.
Reimbursement Accounts
REIMBURSEMENT ACCOUNTS: ARE ALLERGY SHOTS AND ALLERGY MEDICINE COVERED?
October 03, 2023
2 minute read
Consider using a reimbursement account like an HCFSA or HSA to save on certain
allergy shots and allergy medicines.
Reimbursement Accounts
WHAT IS AN HSA AND HOW DOES IT WORK?
September 19, 2023
4 minute read
An HSA is a type of savings account that is specifically designed to help
individuals save for eligible healthcare expenses.
Reimbursement Accounts
WHICH REIMBURSEMENT ACCOUNT IS BEST FOR MY ORGANIZATION?
September 05, 2023
5 minute read
Offering reimbursement accounts is an easy way to enhance your benefits plan and
show your employees you care about their well-being
SHOP FOR ELIGIBLE ITEMS ON THE HSA STORE
You may purchase HSA-eligible items online at the HSA Store. Browse medical
supplies, over-the-counter medication, prescriptions, and more.
Visit HSAStore.com
--------------------------------------------------------------------------------
NEED HELP?
File a Claim Login Investment Funding Listing Contact Us
HELPFUL ARTICLES
THE TOP 7 OF 2024: FAQS ON HSAS
June 18, 2024
7 minute read
Understanding HSAs may help employees feel valued, make informed decisions about
their careers and manage their finances more effectively.
* Tags:
* HSA
5 WAYS YOUR HSA CAN SUPPORT YOUR MENTAL HEALTH
March 07, 2024
10 minute read
Stress and anxiety can affect our lives in countless ways. Help take care of
your mental health and well-being by utilizing your HSA.
* Tags:
* HSA
* Wellness
GOT THE FLU? HOW YOUR HCFSA OR HSA CAN HELP.
January 25, 2024
4 minute read
The flu can be a miserable experience, but if you have an HCFSA or HSA, you may
be able to get some financial relief.
* Tags:
* Wellness
* HCFSA
* HSA
* Medical
HSA contributions are not subject to federal and most states’ income tax. State
income tax may apply in California and New Jersey. Please consult a tax advisor
for your state’s specific rules.
*While this is a guide, not all expenses in the publication are eligible
expenses for reimbursement from the HSA. Please reference American Fidelity’s
list of Health Savings Account (HSA) eligible expenses to ensure your expense is
eligible under your employer’s plan. Other eligible expense lists may not be
tailored to your employer’s plan.
1 This is a variable rate account. The interest rate is subject to change daily
at our sole discretion. Your entire balance will earn the interest rate in
effect for the balance associated with your daily balance. We use the daily
balance method to calculate the interest on your account. This method applies a
daily periodic rate to the principal in the account each day. Interest will be
computed daily. This interest will then be compounded monthly and will be
credited to your account within five business days after the previous month. If
you close your account before interest is credited, you will not receive the
accrued interest.
2 Monthly maintenance fees will be deducted automatically from your HSA
following set up of the account unless otherwise paid by you or paid by a third
party. If you signed up for the HSA through your employer or health plan, this
fee may not apply to your account as long as your employer or plan membership
remains the same. Employees that terminate employment will be required to pay
the current fee as outlined on americanfidelity.com.
3 Account funds over the minimum of $2,500 may be invested in a wide range of
mutual funds. American Fidelity reserves the right to liquidate some or all of
the HSA assets invested in mutual funds if the HSA account does not have the
minimum required balance or assets to cover the monthly maintenance or other
transaction fees.
4 All other fees will be deducted automatically from the HSA for each
transaction unless otherwise paid by the account owner. American Fidelity may
change the amount or type of any of the above fees or add additional fees at any
time in accordance with the terms of the Custodial Agreement.
AF-1022-0623
American Fidelity Assurance Company
americanfidelity.com
Back to Top
Site Map
About Us
News Center
Careers
Contact Us
*
*
*
© 2024 American Fidelity Assurance Company
* Privacy Notices |
* Report Fraud |
* Terms of Service |
* Licensing |
* Special Notices |
* Cameron Enterprises
HSA contributions are not subject to federal and most states’ income tax. State
income tax may apply in California and New Jersey. Please consult a tax advisor
for your state’s specific rules.
*While this is a guide, not all expenses in the publication are eligible
expenses for reimbursement from the HSA. Please reference American Fidelity’s
list of Health Savings Account (HSA) eligible expenses to ensure your expense is
eligible under your employer’s plan. Other eligible expense lists may not be
tailored to your employer’s plan.
1 This is a variable rate account. The interest rate is subject to change daily
at our sole discretion. Your entire balance will earn the interest rate in
effect for the balance associated with your daily balance. We use the daily
balance method to calculate the interest on your account. This method applies a
daily periodic rate to the principal in the account each day. Interest will be
computed daily. This interest will then be compounded monthly and will be
credited to your account within five business days after the previous month. If
you close your account before interest is credited, you will not receive the
accrued interest.
2 Monthly maintenance fees will be deducted automatically from your HSA
following set up of the account unless otherwise paid by you or paid by a third
party. If you signed up for the HSA through your employer or health plan, this
fee may not apply to your account as long as your employer or plan membership
remains the same. Employees that terminate employment will be required to pay
the current fee as outlined on americanfidelity.com.
3 Account funds over the minimum of $2,500 may be invested in a wide range of
mutual funds. American Fidelity reserves the right to liquidate some or all of
the HSA assets invested in mutual funds if the HSA account does not have the
minimum required balance or assets to cover the monthly maintenance or other
transaction fees.
4 All other fees will be deducted automatically from the HSA for each
transaction unless otherwise paid by the account owner. American Fidelity may
change the amount or type of any of the above fees or add additional fees at any
time in accordance with the terms of the Custodial Agreement.
AF-1022-0623
Search Term
Close search modal
×
Popular Topics:
* Forms
* HSA Eligible Expenses
* HCFSA Eligible Expenses
* Register for an Account
* Support
* Keep My Coverage
Click for sound
1:31