- Use pre-tax dollars to pay for health care
- $5 minimum deposit
With health care costs escalating, the high-deductible health plan, or HDHP, is an increasingly attractive health plan option for some employers. These plans are compatible with health savings accounts, or HSAs, and allow employees to pay for qualified medical expenses with tax-deductible dollars.
Mission Investment Fund HSAs are designed to help you manage your medical expenses. The money you invest remains part of your HSA investment, even if you leave your present employer. If you don’t use all of the funds you invest in your HSA for medical expenses, they can accumulate as tax-free savings for your retirement. See our current rates »
In short, an HSA provides those who qualify the ability to better afford an HDHP and the opportunity to accumulate tax-deferred income.
You may purchase a Mission Investment Fund HSA for a minimum initial deposit of $5. The HSA investment includes a checkbook to pay for qualifying medical expenses. In addition, you’ll receive a Visa® HSA Disbursement Account debit card to pay for qualified medical expenses. UMB Bank, n.a., is the custodian of Mission Investment Fund Health Savings Accounts.
Visit our HSA Service Center to complete an online purchase application and learn more.
Note: MIF investments are not available in Kentucky.
Mission Investment Fund investments are subject to certain risks. See "Risk Factors" in the MIF Offering Circular. MIF investments are not bank accounts. As securities issued by a nonprofit institution, the investments are not insured by FDIC, SIPC or any other federal or state regulatory agency. The securities are sold only by means of the Offering Circular. This is not an offer to sell or a solicitation of an offer to buy the securities described here.