Onboarding is 100% paperless and can be completed in a matter of minutes. And Lively's mobile apps (iOS and Android) are the highest rated among HSA providers.
Data science is at the core of Lively's technology, ensuring our ongoing innovation is informed and effective. That’s why Lively is now the fastest-growing HSA provider on the market.
Lively goes the extra mile for our members. Every employer has a dedicated onboarding specialist who proactively engages with them. And Lively's highly effective support team resolves 93% of issues in just one interaction.
Education is the core of Lively’s HSA because it plays a critical role in helping account holders maximize usage of their benefits, save on the healthcare today and plan for tomorrow's costs. The extensive Lively library of tools and resources is easily accessible.
Offering your employees affordable healthcare options can be difficult but necessary as costs continue to rise. To help lower these costs, more employers are offering HDHPs coupled with HSAs.
Lively is one of the top HSA Providers. Partnering with Lively will bring seamless administrative efficiencies to your day while equipping your employees with a modern HSA that prepares them to face the healthcare needs of today and tomorrow.
Lively is based on a PEPM (per enrolled employee, per month) pricing structure and the employer typically pays the fees. The standard pricing is $2.95 PEPM, but because of PrimeWay's partnership with Lively, we have negotiated a special discount of $2.50 PEPM. There are no other fees.
Lively is free for individuals and families.
Yes, contributions by both employees and employers are tax-deductible. If these contributions are made pre-tax through payroll, the funds go straight into the HSA and avoid taxation. If they are made post-tax, these contributions are taken as an above-the-line deduction when the employee files their personal income tax return.
Employees own their HSA and continue to do so if they leave your company or the health plan.
Once Lively receives the termination information, we convert the HSA from an employee account to an individual account and remove the employee’s association to your company. We will send them communications around the ongoing benefits of their Lively HSA and inform them the account is fee-free for them moving forward.
"I never feel like a customer, more like family. Over my years of membership, the bankers have taken the time to educate me about my money – they have made the process easy."
"My parents have been members for years. My family trusts PrimeWay."
"I've been a member since 1968. My relationship with PrimeWay has been rock solid."
"Originally I joined PrimeWay because of a great rate on a personal loan. I've remained a member ever since."
"We live in this community and the new branch location is perfect and the promotional CD rate is even better."
"PrimeWay helped with my daughter's college tuition. The process was easy."
*Rates subject to change without notice. All share certificates are compounded monthly or are paid monthly into regular shares, share draft, or money market. Interest will begin to accrue on the business day that you deposit noncash items (e.g. checks) to your account. If you close your account before interest is paid, you will not receive the accrued interest.
If you close any share account before dividends are paid, you will not receive the accrued dividends. Please note that a penalty will be imposed for early withdrawal regarding certificates.
Additional fees may or may not be applicable, and if they are applicable, they could reduce the earnings on the account.