Health Savings Accounts
Our goal is to make it easier for you to fulfill your role.
When you appoint an SRP advisor as your plan’s investment fiduciary, you’ll have a professional investment management process tailored to your company’s needs and designed to reduce your work and liability.
Popular and Powerful
HSA plans have become a popular tool to help employees pay for qualified healthcare
expenses. However, many are not aware of the role their HSA can plan in preparing for a
comfortable retirement.
A reason many employees may not retire on time is their need to pay for health care. By some estimates, a couple may spend approximately $225,000 during their retirement years to cover their health care needs — a number that, for many, is daunting.
As medical costs continue to inflate the price of retirement, it’s more important than ever to use all available strategies to help employees retire on time and with dignity.
Our professionals can help your employees understand these tools.
Their HSA account can be an important and powerful part of their retirement benefit.
HSAs offer tax benefits that can’t be matched by traditional retirement savings plans, and contributions don’t count against overall savings limits to those plans or IRAs.
As well, there are additional benefits that HSAs offer that make them an indispensable part of anyone’s retirement strategy.
SRP can help your company design and manage an HSA solution to drive value for employees:
“With the high cost of healthcare many of us may face in our retirement years, HSAs have become one of the most efficient tools we have to help employees retire with the resources they’ll need to enjoy their leisure years.”
— Greg Gavran
SRP Managing Director
Let’s talk about how we can support your organization. With SRP as a fiduciary partner, you’ll be free to focus on what you do best every day and sleep better at night, too.