Common use of Cash Account Clause in Contracts

Cash Account. Your HSA Administrator will receive contributions (including rollovers, transfers, and mistaken distributions) from you and/or your employer and transfer them to a contribution account maintained with us by your HSA Administrator. We will transfer these amounts from the contribution account to your Cash Account in your HSA. The funds in your Cash Account are separately accounted for. The funds in your Cash Account, combined with other eligible deposits you have with us, are FDIC-insured up to $250,000 or the current maximum level, if different.

Cash Account. Your HSA Administrator will receive contributions (including rollovers, transfers, and mistaken distributions) from you and/or your employer and transfer them to a contribution account maintained with us by your HSA Administrator. We will transfer these amounts from the contribution account to your the Cash Account in your HSA. The funds in your Cash Account are separately accounted for. The funds in your Cash Account, combined with other eligible deposits you have with us, are FDIC-insured up to $250,000 or the current maximum level, if different.