Employee experience: Alegeus has the only HSA in the market with a new, modern investment experience. Yes, approximately 30 days prior to March 13, 2021, Alegeus will send a notification by mail to accountholders who have an account custodied by PNC Bank as of approximately January 15, 2021 notifying them of the change in custodian. WealthCare Saver allows account holders to issue checks through the portal; these can be mailed to their providers by indicating. 151-200th. %%EOF It keep shutting off the app when I hit the link to submit payment. There will be no impact on day-to-day account usage: Summary: The transition simply entails a legal change in the custodial entity and the employee notifications required by existing custodial agreements. As a matter of policy, BBB does not endorse any product, service or business. Be the first to review! No, the investment threshold will not change on 3/13/21. WealthCare Saver is Anthem's New HSA Custodian WealthCare | Health Savings Accounts (HSA) for a healthy future The WealthCare Platform Accessible With WealthCare, access your latest account information at your fingertips. Read through the Account Holder Communications under the Important Documents tab and familiarize yourself with this site. Join us in Denver from May 7-9 for the Alegeus Partner Success Summit, our annual learning and empowerment forum! CapFinancial Partners, LLC (CAPTRUST) is an investment adviser registered under the Investment Advisers Act of 1940. We are working to minimize the impact of this transition as much as possible. For a weekend, a week or longer, Bourgogne-Franche-Comt is a region on a human scale that brings together nature and culture and exercises the head, the taste buds and the legs. Need to find a different location? On the evening of November 4th, Avidia HSA funds will be available in the new Wealthcare Saver HSA. Learn More Experienced Yes, the balance in the deposit account will continue to be insured by the Federal Deposit Insurance Corporation (FDIC) up to the maximum amount permitted under FDIC guidelines. WealthCare Saver leverages all the current HSA functionality and features you know, but includes a fully integrated, modern investment experience. Through our partnerships with the industrys largest health plans, TPAs, human capital management (HCM) and financial services solution providers, Alegeus reaches more than 100 million consumers. This is beneficial for audit and security reasons: Our client partnerships extend beyond the technology, as we lean in with you to drive adoption and usage ensuring your programs success, now and into the future. This app may share these data types with third parties, I barely downloaded the app yesterday registered and although I can see my account whenever I select the option (Investments) the app crashed and it does this every time. An enhanced-yield savings option coming in 2022 will drive additional interest back to the consumer. In March 2022 my HSA was transferred to WealthCare after I changed jobs. Employers found out of compliance could be held responsible for all back payroll taxes and associated penalties, issuance of corrected W2s which would then require all employees (past and present) to file amended tax returns, likely resulting in additional taxes and penalties. Thus, as required by the existing custodial agreement, the only employee impact is notification delivered via two communications: Submit Employee Enrollments & Terminations. Alegeus | LinkedIn Alegeus has led the consumer funding technology industry for more than 20 years, providing support to health plans and TPAs, and delivering a white-label HSA solution that will help you earn new revenue, achieve speed to market, manage operational costs and more. Published on May 1st, 2023. I understand that I may consult a tax professional or legal counsel. Universit Bourgogne Franche-Comt (UBFC) 601-800th. As a rgion, it encompassed the eastern dpartements of Jura, Doubs, Haute-Sane, and the Territoire de Belfort. Copyright 2023 WealthCare. endstream endobj 528 0 obj <>/Metadata 47 0 R/Pages 525 0 R/StructTreeRoot 91 0 R/Type/Catalog/ViewerPreferences<>>> endobj 529 0 obj <. Alegeus WealthCare Admin. I called on March 24th, asked to have the fees reversed, and was given a reference number of ****** and told that I would be contacted in 1 to 3 business days.By April 3rd (more than 5 business days later), I had not received any contact whatsoever. To sequence and deliver quickly, well be transitioning to a non-bank trustee model. WealthCare Saver is a leading custodian of health savings accounts (HSAs) with long-standing experience in the market. Accountholders have the option to close and/or transfer any existing balance to another HSA custodian. No, while the HSA Custodian is changing, the Employer and Navias responsibilities as part of the agreement will remain the same. Alegeus WealthCare Administration System WealthCare Saver | We Know HSAs BBB Business Profiles may not be reproduced for sales or promotional purposes. No impact to debit cards, mobile apps, online portals, credentials, or account history before, during, nor following the transition. With WealthCare, access your latest account information at your fingertips. Once the conversion is complete on November 4th, funds will be available after end-of-day processing, typically by 7pm CT. Account holders can use their existing card for all carded accounts with Navia, including their WealthCare Saver HSA funds. No, there will be no funds inaccessibility window to facilitate the custodial transition. 578 0 obj <>/Filter/FlateDecode/ID[<1F87C3843737B64DAA188332D0B2F9AB>]/Index[527 100]/Info 526 0 R/Length 161/Prev 215589/Root 528 0 R/Size 627/Type/XRef/W[1 3 1]>>stream BBB Business Profiles are provided solely to assist you in exercising your own best judgment. We are always on the lookout for passionate and talented professionals that are seeking an adventure, not just a job. Administrator View customer accounts Employer View company and employee accounts Participant View account activity and balances Partner User View Partner user accounts Enter your Employee ID. Why? I acknowledge that I have read and understood the terms and conditions applicable to a distribution, as set forth . BBB Business Profiles generally cover a three-year reporting period. Account APIs Manage all participant accounts, including adding/deleting employees, resetting passwords, and updating participant contact information. WealthCare Saver leverages all the current HSA functionality and features you know, but includes a fully integrated, modern investment experience. These substantiation rules are longstanding, and there were no changes to the rules in the proposed regulations. Alegeus Technologies, LLC * 9 Principals See who the company's key decision makers are 292 Contacts Reach the right people with access to detailed contact information. Current This content is restricted to site members. Let us help Don't have an account? They may continue using their cards leading up to and following the transition. 101 Southhall Lane Suite 400Maitland, FL 32751, Copyright 2023 Alegeus Technologies, LLC. Alegeus Technologies, LLC Company Profile - Dun & Bradstreet Health Savings Accounts (HSA) | Alegeus HSAs are becoming commodities, as administrators cut fees and sacrifice value to attract more clients. Nothing about the day-to-day operation, employee account usage, or teams supporting the HSAs change. Avidia Bank, the current custodian of your Health Savings Accounts (HSAs) with Navia, is reducing the HSA portion of its business. Docs | Best Practices - Alegeus Developer Portal Her proven track record of success in driving accelerated revenue growth, product and market expansion will greatly benefit our partnersthe backbone of our organization, said Leif OLeary, CEO, Alegeus. Alegeus Technologies, LLC | Better Business Bureau Profile BBB is here to help. Were proud to offer the industrys most innovative healthcare payments platform, providing essential spending, saving and investing capabilities. Market leadership and scale App won't let me submit for reimbursement. The account is not subject to a funds inaccessibility window or spendingfreeze as a result of the custodial transition. With the WealthCare platform, investing your HSA funds is as easy as 1, 2, 3! Check out our latest resources and actionable insights. CAPTRUST acts as investment advisor with respect to the investments available in your HSA. Powering more than $6 billion in healthcare transactions annually, Alegeus delivers the security, reliability, stability and proven financial solutions you need to manage your customers money. No funds movement or transfer to facilitate the transition. On April 28, 2023, the Internal Revenue Service (IRS) released a Chief Counsel memorandum reiterating the substantiation requirements included in proposed IRS regulations for health flexible spending arrangements (health FSAs) and dependent care flexible spending arrangement (DCFSA).These substantiation rules are longstanding, and there were no changes to the rules in the proposed . 32, Avenue de l'Observatoire, BESANCON, 25000, France. Our product and market experts share the top five trends anticipated to drive the healthcare and benefits space this year. Your HSA is a powerful investment vehicle and can help you better prepare for your future. Login | Alegeus Technologies Our highly flexible, white-label platform powers HSAs, FSAs, COBRA, lifestyle benefits and beyond delivering exceptional user experiences and differentiated capabilities that help you compete and win. You may close this window or login again.