HSAgateway has created a health savings account (HSA) platform to make it easier for both employers and workers to use HSAs. The platform guides an individual through their initial health care saving and spending decisions while helping to craft an investment approach designed to meet their unique needs.
HSAgateway says it designed the platform because many workers do not understand how to use HSAs.
“HSAgateway recognizes the unparalleled value that retirement advisers and benefits consultants bring to these important financial decisions,” says Jamie Greenleaf, founder and principal at HSAgateway. “We are pleased to partner with these professionals to offer an HSA solution that was built by advisers, for advisers.”
The solution begins with an online tool to help individuals quantify the value of their high deductible health care plan. It helps them see the effects of their health care decisions both in the present and in the future. It then helps them select investments for their HSA, offering users funds from BlackRock, Franklin Templeton, Lord Abbett, MFS Investment Management, State Street Global Advisors and The Capital Group American Funds.