Health Savings Account
An HSA helps employees save in advance for future medical expenses. Both
you and your employees can contribute to the account tax-free, and balances over 500 QAR earn competitive, tiered
interest. Employees can pay for qualified medical expenses at anytime — without paying a penalty for withdrawal.
With our upfront account opening procedure, our Health Savings Account provides convenient access to your funds for your daily requirements while ensuring the security of your money. This everyday account has no monthly account fees and offers unlimited access through online, branch, and ATMs
Employment Benefits
- Provide great benefit to employees
- Helps retain and attract good employees
- Contributions are tax-deductible
- Reduced insurance premiums
- Little administrative burden
Line of Credit Sweeps
- Interest-bearing account
- Use funds on any qualified medical expense
- Contributions are tax-deductible
- Earnings are tax-deferred
- Reduce the High Deductible Health Plan (HDHP) costs
- Unused funds go toward retirement
- Free debit card