Health Savings Accounts

Welcome to Chard Snyder!

You have recently enrolled in a Health Savings Account (HSA) with Chard Snyder. Where do you go from here? 

Access your HSA account online or via the mobile app to view important information and find helpful resources.

Log In to Your Online Account

Visit the Chard Snyder website and click the blue Login button in the upper right corner of the home page. Under Participants in the blue area, click Access Your FSA,
HRA, HSA Advantage, Commuter Benefits Account(s) to view the login page. 

If this is the first time you have logged in, select Get Started under New User and complete the steps. 

If you have previously accessed your account, use the Existing User section. Use the Forgot Username or Forgot Password links for assistance if needed. 

Once your plan has started, use your online account to check your plan balance(s), request transactions, sign up for text alerts, update your personal information, add beneficiaries and more! Please make sure that you have a beneficiary assigned to your account. If no beneficiary is designated, additional documentation will be required in order for your survivors to receive a distribution and the money in the account may be subject to additional taxes.

In the event more information is needed to verify your demographic data before your account can be opened, our HSA Department will reach out to you requesting the appropriate documentation.

Access the Mobile App

1. After you create your account online, download the Chard Snyder Mobile App from the App Store or Google Play
2. Open the app and enter the same username and password you use to access your Chard Snyder account online
3. Continue accessing the mobile app using Face ID, Touch ID, or username and password

The mobile app provides 24/7 account access at your fingertips. Once your plan year has started, view balance(s), check transaction details, use your device's camera to capture and submit claim receipts, and more! 

Use the Chard Snyder Benefit Card

You will receive two Chard Snyder Benefit Cards in the mail.

The Chard Snyder Benefit Card is an easy way for you to directly access the money in your account(s). It works like a debit card, but utilizes smart technology so that funds can only be used for eligible expenses.

Please note: If you already have Chard Snyder Benefit Cards from previous plan years, you will not receive new cards. Your cards remain active for five years and you will automatically be sent two new cards shortly before they expire. All of your Chard Snyder account funds can be accessed using the same benefit card.  

IRS rules regulate HSAs. You can make or receive contributions to an account if you, the account holder, are:

·        Enrolled in the High Deductible Health Plan

·        Not enrolled in another medical plan (such as spouse’s medical plan)

·        Not covered by a Flexible Spending Account (such a  spouse’s flexible spending account)

·        Not enrolled in Medicare (Parts A, B or D)

·        Not claimed as a dependent under another’s tax return

If you meet these rules, NKU contributes to a HSA account for you with United Missouri Bank (UMB). The annual NKU contribution to the account is shown under maximum annual contributions. Enrollment is NOT automatic.You must enroll in an account to receive the NKU contribution.

You can also contribute to the account. You are not required to contribute in order to receive the NKU contribution. If you contribute, your contributions will be before-tax from each paycheck throughout the year.

NKU contributions and yours, if applicable, are prorated and made from each paycheck you receive. You will not have any money in your HSA until you receive your first pay after your coverage in the High Deductible Plan becomes effective.

*Based on IRS regulations for combined annual contributions

**Your age as of 12/31/23

***Employee plus spouse, employee plus child or children, employee plus family

Maximum Annual Contribution Example for Employee Only (Under 55):

NKU Contribution ($625) + Your Contribution ($3,525) = $4,150 Total Max Contribution

HSAs are different than other IRS regulated accounts (such as flexible spending accounts). 

• Money not used during the calendar year rolls over to the next year.
• You can start, stop, increase or decrease your contributions during the plan year by completing the HSA Election Change Form.
• Your HSA card is a debit card, so only use the card when you are sure there is money in the account, or similar to your checking account debit card, you will be charged an overdraft charge fee.
• You will receive a debit card from Chard Snyder tied to your HSA.
• Under IRS rules, you are responsible for providing receipts of expenses reimbursed from your account should you be audited.
• You can use this debit card to pay for any IRS eligible medical, prescription drug, dental or vision expense. IRS eligible expenses are listed in IRS Publication 502 at www.irs.gov.
• You can view your account and your expenses from your Chard Snyder account at www.ChardSnyder.com.