Empower your employees.
We want to help you give your employees a bright financial future. Our Health Savings Accounts (HSAs) offer benefits to both the employer and employees including no administrative fees or payroll taxes on HSA contributions. Healthcare expenses can be scary – but we’re here and ready to support your employees. Alltru Health Savings Accounts let your employees save toward future medical expenses. Even better, these accounts are pre-tax – so you’re effectively reducing your taxable income, which saves you even more.
Every HSA includes a free Visa debit card linked to the account, which can be used to pay for:
Employee stress costs an organization
with 1,000 employees more than
Source: Pension Consultants, Inc. Report
Alltru Business Health Savings Account Features
Here are the benefits.
You’ll experience increased employee satisfaction and lower health benefit costs because you can use any premium cost savings to fund employer HSA contributions and make the plan more attractive at your own discretion.
Save on your taxes.
Neither you or the employee are required to pay payroll taxes on HSA contributions. Contributions will be taken out before taxes, which can save you money at tax time. There are no administrative fees from us either.
It’s your money, always.
The money deposited in an employees HSA is theirs forever. There are no “use it or lose it” requirements. And you both can earn interest tax-free.
Use it for healthcare expenses.
Each employee will receive a free, dedicated debit card they can use for qualifying healthcare expenses. They will also be able to manage their account with online and mobile banking.
Discover a valuable partnership.
Alltru Credit Union is on your side as you build your business. We offer a range of free financial services – including benefits you can pass on to your employees. Talk to our team about Alltru Business Loans, financial education and more.
To get the latest research on financial stability and how it effects the workplace, download our free e-book Financial Stability: More than a Paycheck.
Commonly Asked Questions
Want to know more about Health Savings accounts? Explore a few commonly asked questions below.
We’re in your neighborhood.
We are St. Louis, through and through. We have branches throughout the metro area. Plus, as a member you’ll have free access to hundreds of local ATMs.