SASI: Expands service offerings to include Health Savings Accounts

Contact:

Deborah Kuras, Director of Sales & Marketing
SASI

e [email protected]

p 800-752-3539

Milwaukee-based SASI has expanded its service offerings to include Health Savings Accounts (HSAs)

Professional staff increased to serve additional clients

Milwaukee, Wis. – February 20, 2015 – SASI, a third-party administrator (TPA) and record keeper, that specializes in HRAs (Health Reimbursement Arrangements), FSAs (Flexible Spending Accounts), POP (Premium Only Plans), and Transportation Plans, and 401(k) and other Defined Contribution Plans, has partnered with Healthcare Bank to add administration of Health Savings Accounts (HSAs) to its increasing list of services.

An HSA is a special tax-advantaged savings account that allows the participant to pay for current eligible health care expenses and save for qualified medical and retiree health care expenses on a tax-favored basis. HSAs can be funded by both the employer and the employee on a pre-tax basis.

Christene Metz has joined SASI as an Employee Benefits Specialist. With a Bachelor’s degree in business and management from Alverno College, she’s assisting with SASI’s growing business. Her interest in Human Resources led her to serve two terms as president of the Student Chapter of Society of Human Resource Management (SHRM) while at Alverno.

Deborah Kuras, Director of Sales & Marketing, said, “We welcome Christene to SASI. HSAs provide advantages for both employees and employers. In addition to the tax savings, HSA account holders can look forward to additional advantages as well. Unused HSA dollars roll over from year to year, making HSAs a convenient and easy way to save and invest for future medical expenses.”

An individual owns the HSA at all times and can take it with them if the individual changes medical plans, changes jobs, or retires. As the funds in the HSAs grow, so do the investment options. An HSA through SASI offers a wide variety of mutual funds and other options to promote larger returns on investment.

SASI was founded by Eugene S. Hill in 1989, and he and his team grew SASI to rank among the nation’s foremost third-party administrator and record keeper companies. With an emphasis on customer service (a live person answers incoming telephone calls), SASI has been staffed with professional service veterans capable of immediately responding to their client needs.

William F. Brown, Director of Compliance, said, “Employers benefit from offering HSAs to their employees. With the cost of health care continuously increasing, employers who offer high deductible health plans can make contributions to their employees’ HSA accounts and still save money.”

The management team at SASI consists of Rose Hill, President; Deborah Kuras, Director of Sales & Marketing; William F. Brown, Director of Compliance; and Brian Konkel, Accountant. This team has a combined total of over 50 years at SASI providing personal service to their diverse, national clientele.

SASI is a nation-wide third-party administrator of Section 125 Cafeteria Plans, Section 132 Transportation Programs, Section 105 Health Reimbursement Plans, 401(k) and Qualified Defined Contribution Plans, and new for 2015, Section 223 Health Saving Account Administration.

For more information, please contact Deborah Kuras, Director of Sales & Marketing, SASI, 1720 W Florist Avenue, Suite 250, Glendale, Wis. 53209 at 800-752-3539, or [email protected] Visit www.sasiplans.com for additional information.