We are updating our Health Savings Account (HSA) offerings to streamline your experience. Beginning in 2025 you will need to open an HSA account with Lively, GBC Bank or Financial Center First Credit Union (unless you already have one with one of these three vendors). Mt. Vernon Community School Corporation will only be able to payroll deduct contributions into accounts at these three institutions. If you choose to keep your current HSA account at a different institution, your existing funds will remain available, but no new contributions will be directed to that account. When you select one of these three new institutions, you can either roll over your existing HSA funds or start fresh, while continuing to use the old account until it's empty. Next Steps: 1. Review Vendor Options: Explore Financial Center First Credit Union, Lively, and GBC Bank to find the best fit for your needs. 2. Make Your Selection: Choose your new HSA vendor for future contributions, then decide whether to keep your old HSA until it’s empty or roll them over to your new account. 3. Set Up Your New Account: Contact your selected new vendor to set up your account and, if applicable, arrange for a rollover of existing funds. 4. Update Payroll Information: Ensure your payroll deductions are updated to reflect your new HSA vendor. HSA CHANGES Lively A modern HSA platform providing intuitive online tools, no hidden fees, and the flexibility to invest your HSA funds. Visit their website > Financial Center First Credit Union A trusted local credit union offering personalized HSA management with competitive rates and easy access to accounts. Visit their website > GBC Bank A regional bank that offers comprehensive HSA services, including convenient online banking and investment options. Visit their website >

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