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You can link any personal checking or savings account to your HSA account to send after-tax contributions or receive distributions. Within the online portal, you will go to the profile tab, click on Banking/Cards and then Add Bank Account. This is where you will add your bank account.
If your employer requests your account information, you can find your account number under the profile tab and the Fifth Third Bank HSA r outing number is: 042103363. Employer Contributions: Employers may make contributions to your account and while you do not take a deduction for these contributions, they are excluded from your gross income.
The main requirement is that you’re covered under a qualifying high deductible health plan or HDHP. Although there are additional requirements defined by the IRS. So, don’t wait, if you don’t already have an HSA open one! If your HSA is already up and running, contribute to it.
If you have a high-deductible health plan (HDHP), you may want to consider opening a Health Savings Account (HSA). An HSA is a pre-tax savings account that can be used to pay for a variety of medical costs, including qualified deductibles and copayments.