TIAA will offer a health savings account to its institutional retirement plan clients to help their participants prepare for health care expenses now and in retirement. The account will be administered by HealthEquity Inc. and will be available in the first quarter to all institutional clients that offer employees a high-deductible health plan, TIAA said in a release.
The TIAA HSA will include TIAA-CREF and Nuveen mutual fund investments, and will offer participants comprehensive tools and education resources, including a plan comparison tool, an HSA contribution calculator, and a future balance calculator.
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