Saturna Capital Expands Employer Health Savings Account (HSA) Offerings
Saturna Capital has revamped its Employer Health Savings Account (HSA) offering, introducing innovative features to enhance employee benefits. The new HSA plan addresses a common issue by automating transfers from the HSA Spending Account to the HSA Investment Account, eliminating the need for manual requests. This improvement aims to increase the percentage of accountholders investing their HSA assets, which was only 13% in 2022.
Key features of Saturna's enhanced HSA include:
- Option to automate transfers into the Investment Account
- Ability to mirror 401(k) plan funds, reducing educational burden
- Partnership with UMB Financial (NASDAQ:UMBF) for account management and custodial services
- FDIC-insured bank accounts
- Associated debit cards
- $0 monthly maintenance fees
This revamp aims to simplify HSA management and encourage more employees to maximize their HSA benefits.
Saturna Capital ha ripensato la sua offerta di Conti di Salute per i Datori di Lavoro (HSA), introducendo funzionalità innovative per migliorare i benefici per i dipendenti. Il nuovo piano HSA affronta un problema comune automatizzando i trasferimenti dal Conto Spesa HSA al Conto Investimenti HSA, eliminando la necessità di richieste manuali. Questo miglioramento mira ad aumentare la percentuale di titolari di conto che investono i loro attivi HSA, che era solo del 13% nel 2022.
Le caratteristiche principali dell'HSA potenziato di Saturna includono:
- Opzione per automatizzare i trasferimenti nel Conto Investimenti
- Possibilità di replicare i fondi del piano 401(k), riducendo il carico educativo
- Partnership con UMB Financial (NASDAQ:UMBF) per la gestione dei conti e servizi di custodia
- Conti bancari assicurati dalla FDIC
- Carta di debito associata
- Spese di gestione mensili a $0
Questa rifondazione mira a semplificare la gestione dell'HSA e a incoraggiare più dipendenti a massimizzare i loro benefici HSA.
Saturna Capital ha renovado su oferta de Cuentas de Ahorro para la Salud (HSA) para empleadores, introduciendo características innovadoras para mejorar los beneficios de los empleados. El nuevo plan HSA aborda un problema común al automatizar las transferencias de la Cuenta de Gastos HSA a la Cuenta de Inversiones HSA, eliminando la necesidad de solicitudes manuales. Esta mejora tiene como objetivo aumentar el porcentaje de titulares de cuentas que invierten sus activos HSA, que fue solo del 13% en 2022.
Las características clave del HSA mejorado de Saturna incluyen:
- Opción de automatizar transferencias a la Cuenta de Inversiones
- Capacidad de reflejar los fondos del plan 401(k), reduciendo la carga educativa
- Asociación con UMB Financial (NASDAQ:UMBF) para la gestión de cuentas y servicios de custodia
- Cuentas bancarias aseguradas por la FDIC
- Tarjetas de débito asociadas
- Comisiones mensuales de mantenimiento de $0
Esta renovación tiene como objetivo simplificar la gestión de la HSA y alentar a más empleados a maximizar sus beneficios HSA.
Saturna Capital은 고용주 건강 저축 계좌(HSA) 제공을 재구성했습니다, 직원 혜택을 향상시키기 위해 혁신적인 기능을 도입했습니다. 새로운 HSA 계획은 HSA 지출 계좌에서 HSA 투자 계좌로의 자동 이체를 통해 수동 요청의 필요성을 없애면서 일반적인 문제를 해결합니다. 이 개선은 2022년에 단 13%에 불과했던 HSA 자산에 투자하는 계좌 보유자의 비율을 높이기 위한 것입니다.
Saturna의 향상된 HSA의 주요 기능은 다음과 같습니다:
- 투자 계좌로의 자동 이체 옵션
- 401(k) 계획 자금을 반영할 수 있는 능력, 교육 부담 감소
- 계좌 관리 및 수탁 서비스에 대한 UMB Financial (NASDAQ:UMBF)와의 파트너십
- FDIC로 보험이 된 은행 계좌
- 연결된 직불 카드
- 월간 유지 보수 수수료 $0
이 개편은 HSA 관리를 간소화하고 더 많은 직원들이 HSA 혜택을 극대화하도록 장려하는 것을 목표로 하고 있습니다.
Saturna Capital a réorganisé son offre de Comptes Épargne Santé pour Employeurs (HSA), introduisant des fonctionnalités innovantes pour améliorer les avantages des employés. Le nouveau plan HSA aborde un problème courant en automatisant les transferts du Compte de Dépenses HSA vers le Compte d'Investissement HSA, éliminant ainsi le besoin de demandes manuelles. Cette amélioration vise à augmenter le pourcentage de titulaires de comptes investissant leurs actifs HSA, qui n'était que de 13 % en 2022.
Les principales caractéristiques du nouvel HSA amélioré de Saturna incluent :
- Option d'automatiser les transferts vers le Compte d'Investissement
- Capacité de reproduire les fonds du plan 401(k), réduisant ainsi le fardeau éducatif
- Partenariat avec UMB Financial (NASDAQ:UMBF) pour la gestion des comptes et les services de garde
- Comptes bancaires assurés par la FDIC
- Cartes de débit associées
- Frais de maintenance mensuels de 0 $
Cette refonte vise à simplifier la gestion des HSA et à inciter davantage d'employés à maximiser leurs avantages HSA.
Saturna Capital hat sein Angebot für Arbeitgeber Gesundheits-Sparkonten (HSA) überarbeitet und innovative Funktionen eingeführt, um die Mitarbeiterleistungen zu verbessern. Der neue HSA-Plan geht ein häufiges Problem an, indem er Überweisungen vom HSA-Ausgabenkonto auf das HSA-Anlagekonto automatisiert, wodurch manuelle Anfragen entfallen. Diese Verbesserung zielt darauf ab, den Prozentsatz der Kontoinhaber zu erhöhen, die ihre HSA-Vermögenswerte investieren, der 2022 nur 13 % betrug.
Zu den wichtigsten Funktionen von Saturnas verbessertem HSA gehören:
- Option zur Automatisierung von Überweisungen auf das Anlagekonto
- Möglichkeit, 401(k)-Planfonds zu spiegeln und so den Bildungsaufwand zu reduzieren
- Partnerschaft mit UMB Financial (NASDAQ:UMBF) für Kontoverwaltung und Treuhanddienstleistungen
- Von der FDIC versicherte Bankkonten
- Verbundene Debitkarten
- Monatliche Wartungsgebühren von $0
Diese Überarbeitung zielt darauf ab, die Verwaltung von HSAs zu vereinfachen und mehr Mitarbeiter zu ermutigen, ihre HSA-Vorteile zu maximieren.
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Saturna’s employer HSA was designed to help employees overcome one of the most common hurdles to maximizing the benefit: moving contributions to the investment account. After each payroll deferral, most plans require employees to initiate a request to transfer money from their HSA Spending Account into their HSA Investment Account – a manual step that employees rarely take. In fact, as recently as 2022, only 13 percent of accountholders actually invested their HSA assets.1
Saturna’s HSA eliminates that barrier with an option to automate transfers into the Investment Account.
The plan also reduces the educational burden for employers and employees alike by allowing companies to mimic the funds used in the organization’s 401(k) plan.
“Most employers take for granted that with 401(k) plans, employee deferrals can go directly into the mutual funds of their choice – but they do not realize that their HSA plan can offer the same flexibility,” said Jane Carten, President of Saturna Capital. “We made this a priority when we built our new employer HSA plan, ensuring that employees can more easily use and understand their HSA benefit.”
Saturna teamed up with banking partner UMB Financial Corporation (NASDAQ:UMBF) for account management and custodial services. The collaboration with UMB allows Saturna to offer features including FDIC-insured bank accounts, associated debit cards, and
To learn more about Saturna Capital’s HSAs, visit our HSA page.
About Saturna Capital Corporation
“Active investing to reflect your values”
Saturna Capital Corporation, established in 1989 in
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1 Health Savings Account Balances, Contributions, Distributions, and Other Vital Statistics: Evidence From the EBRI HSA Database
View source version on businesswire.com: https://www.businesswire.com/news/home/20240808485656/en/
Alex DeBlois
adeblois@longviewstrategies.com
Source: Saturna Capital Corporation
FAQ
What new features has Saturna Capital introduced in its Employer HSA offering?
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How does Saturna's new HSA plan reduce the educational burden for employers and employees?
