Healthy Benefits
- Simple Setup
KeyBank HSAs are fully integrated with our payroll, direct deposit and checking account services, making them easy for you and your employees to use. - Tax Advantages
The contributions your company makes to employees' HSAs are tax-deductible.1 - Convenience
KeyBank is a local HSA custodian, which means we provide the personal touch through on-site enrollments and presentations, as well as local branches. - Access
Employees can access their HSAs through our ATM network, mobile and online banking. - Support
We're here to help. Contact an HSA expert at our dedicated KeyBank HSA call center. 888-KEY-2020 (539-2020) Dial 711 for TTY/TRS Monday – Friday, 8:00 a.m. – 9:00 p.m. ET Saturday, 8:00 a.m. – 6:00 p.m. ET Sunday, 8:30 a.m. – 5:30 p.m. ET
To participate, an employee must:
- Be enrolled in a high-deductible health insurance plan (HDHP)
- Not have coverage under another health insurance plan, except what is permitted (see IRS Publication 969 for more information)
- Not have Medicare coverage
- Not be listed as a dependent on someone else’s tax return
1
Consult a tax advisor regarding tax benefits.
2
See IRS Publication 502 for a detailed list of qualified medical expenses.