Health Savings ACCOUNT A Health Savings Account (HSA) is available to those enrolled in a High Deductible Health Plan. HSA funds can be used for a wide variety of qualified medical expenses all tax-free. Any unused earnings rollover from year-to-year. Richmond is Watch This HSA Video to Learn More making a one-time $530 HSA contribution this year. Anyone who elects the HDHP must already have an account or open an account with UMB by 12/31/2024 to receive the $530 contribution by the district. Open Your HSA with UMB