HSA Shop logoHSA Shop

HSA Guide

Does USAA Offer a Health Savings Account (HSA)?

Published June 25, 2023

Check eligibility on the gobrowse 7,000+ HSA-eligible products in the free app.

Get the app
Short answer: USAA doesn’t directly offer HSAs, but USAA members can open and manage an HSA through HealthEquity.

USAA partners with HealthEquity for HSAs

If you're considering opening a Health Savings Account (HSA) and you're a USAA member, you might be wondering if USAA offers this type of account. USAA does not directly offer Health Savings Accounts on their own, but they have partnered with HealthEquity to provide HSA solutions to their members.

HealthEquity is a trusted HSA administrator that works with various financial institutions, including USAA, to offer HSA services. Through this partnership, USAA members have the option to open and manage their HSA with HealthEquity.

USAA members can open and manage HSAs

Opening an HSA can offer various benefits, such as tax advantages, the ability to save for medical expenses, and potential investment opportunities to help grow your funds over time. If you're interested in opening an HSA through USAA and HealthEquity, it's essential to understand the features and requirements of the account.

If you're a USAA member exploring your options for a Health Savings Account (HSA), you might be wondering whether USAA directly provides HSAs. While USAA itself doesn't offer HSAs, they've teamed up with HealthEquity, a leading HSA administrator, to deliver valuable HSA solutions to their members.

This partnership allows USAA members to open and manage HSAs through HealthEquity's robust platform. HealthEquity is renowned for its customer service and user-friendly interface, making it easy for members to access their funds and learn about eligible expenses.

HSA tax benefits and investment potential

Setting up an HSA is a smart financial move, as it offers significant tax benefits—contributions made to an HSA are tax-deductible, meaning you can lower your taxable income. Plus, the funds grow tax-free, and withdrawals for qualified medical expenses are also tax-exempt. Don't miss out on the potential investment growth either—many HSAs offer investment options to help your savings grow even more over time.

Free App

Browse 7,000+ HSA-Eligible Products

Search by symptom, get price alerts, and build your HSA shopping list — all in the free app.

← Back to all articles