Easy on your employees. Easy for your team.
Adding a valuable benefit shouldn’t add a lot more work. Financial Center helps make HSA administration straightforward from setup through enrollment and beyond.
- No setup or annual employer fees with payroll direct depositNotice 3
- Simple payroll deductions for employee contributions
- On-site support for open enrollment, benefit fairs, and account education
- Dedicated HSA assistance when your employees have questions
- Financial wellness workshops available for your team
- An easy-to-use Health Savings Hub for your team to manage users
For specific tax advice, please consult a qualified tax professional.
Devenir LLC, is a registered investment adviser chosen by Financial Center First Credit Union to research and select the Financial Center First Credit Union HSA Investment Account mutual fund investment options. Devenir’s investment selection methodology screens the plan’s mutual fund options on a number of criteria, which includes, but is not limited to, total fund performance, category ranking by Morningstar and track record. Devenir periodically reviews and may recommend changes in the group of mutual funds available in the Financial Center First Credit Union HSA Investment Account if a particular fund no longer meets Devenir’s investment selection criteria. You will not be given separate notice of these changes; however changes to the fund line-up will be reflected on the investment website and on the following quarterly worksheet. Devenir is also the HSA plan record keeper providing access to the investment options through the investment portal. Investments are not guaranteed or insured and may lose value, including the loss of principal. Please consult your tax advisor for information about how investments may affect you.
While there are no fees for the employer, the employer can elect to absorb the low monthly maintenance fee on behalf of their employees. Contact us for more information on this process.