Health Savings Account (Hsa) : Fifth Third
Health Savings Account (Hsa) : Fifth Third
FIFTH THIRD
HEALTH
SAVINGS
ACCOUNT
(HSA)
An easy-to-manage savings solution, a Fifth Third HSA is an ideal complement to the
medical coverage provided by High Deductible Health Plans (HDHP). Our HSA is an
affordable way to pay for medical expenses while helping you to save money for the
future on a tax-free basis.
KEY
BENEFITS:
ADDITIONAL
BENEFITS:
● Unused funds roll over from year to year – there’s ● A complete online solution with 365/24/7 access
no “use it or lose it” requirement, so you can - you will be able to manage virtually all aspects of
continue saving for future medical expenses your account with an online system that’s simple
to learn and use
● Account portability, so if you change jobs your
Fifth Third HSA goes right along with you ● No minimum deposit required to open the
account
● Making catch-up contributions if you’re 55 or
older lets you build up funds more quickly ● Competitive rates of tiered interest earned on the
first dollar of the balance
● Funds held in your HSA are FDIC-insured up to
the maximum amount permitted by law ● Online transfer of funds available into and out
of the HSA from either a Fifth Third or non-Fifth
● A triple tax advantage
Third account
— All contributions are made pre-tax, so you can
● Specialized HSA Support Center, 1-888-350-5353,
contribute more than with a regular taxable
with extended hours to assist account holders
savings plan
with any HSA-related inquiries
— Interest or investment earnings on the account
● Informational web portals are available to learn
are not taxable – no matter how much the
about HSAs from A-Z
account grows
— You pay no taxes on withdrawn funds as
long as they’re used to pay eligible medical NO
MONTHLY
SERVICE
CHARGE
IF:
expenses
The average monthly balance in the HSA is greater
than or equal to $4,000. Otherwise, it’s tiered based
on the average daily balance in your account:
STANDARD
BENEFITS:
Fifth Third HSA Debit™ MasterCard®, Internet Average
Daily
Balance
Monthly
Fee
Banking and Online Bill Payment, mobile banking,
$500.00
or
less
$3.50
paper and online statements, unlimited check
writing, investment options for long-term savers $500.01
-‐
$2,000.00
$3.00
with balances of at least $2,000 and access to over $2,000.01
-‐
$3,000.00
$2.50
2,400 free Fifth Third Bank ATMs.
$3,000.01
-‐
$4,000.00
$2.00
Above
$4,000.00
$0.00
See reverse side for more information.
TO
OPEN
AN
HSA:
To open your Fifth Third HSA, here’s all you have to do:
● Go to www.53hsa.com
● Click “Register”
● In the Code box, enter the unique employer code your employer gave you. If your employer does not
have a unique employer code, type FTB-77.
● Click “Get Started” and continue following the instructions
Tip:
Be
sure
to
order
your
Fifth
Third
HSA
Debit™
MasterCard®
That’s it. If you have any questions along the way, just call the HSA Support Center at 888-350-5353.
Once you successfully register, you’ll receive a welcome e-mail with our HSA Consumer Resource Guide
attached to help explain how to use your HSA. You’ll also receive a welcome letter in the mail.
For
more
information,
please
visit
www.53hsa.com.
For a list of qualified medical expenses, please visit www.irs.gov.
Fifth Third Bank does not provide tax or accounting advice. Please consult an accountant or tax advisor for professional advice on these areas.
Mutual Fund investments are not FDIC-Insured, have no bank guarantee, and are subject to investment risk, including possible loss of the principle amount invested.
MasterCard is a registered trademark of MasterCard International Incorporated.
Deposit and credit products provided through Fifth Third Bank. Member FDIC. Equal Housing Lender.
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