Understanding Your HSA Benefits
Published March 15, 2026 by NBS Team
A Health Savings Account (HSA) is one of the most powerful tax-advantaged tools available to employees enrolled in a high-deductible health plan.
Triple Tax Advantage
HSAs offer a unique triple tax benefit: contributions are tax-deductible, growth is tax-free, and withdrawals for qualified medical expenses are tax-free.
NBS administers HSAs for thousands of employers nationwide, handling everything from account setup to compliance testing.
No Use-It-or-Lose-It
Unlike FSAs, HSA funds roll over year to year and stay with the employee even if they change jobs. This makes HSAs both a short-term spending tool and a long-term savings vehicle.
NBS Debit Card
NBS provides a convenient debit card for point-of-sale access to HSA funds, making it easy to pay for qualified expenses at the pharmacy, doctor's office, or hospital.