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Required Taxes & Kibono Fee
Premium Tax | 2%1
$0
$0
Retail Sales Tax | 8%2
$0
$0
HST | 13%3
$0
$0
Kibono Admin Fee | $2.25 + 5.25%
$0
$0
Employee Reimbursements (Tax-Free)
$0
$0
Payable to Kibono (Tax-Deductible)* $0
1 On claim & admin fee
2 On claim
3 On admin fee
*Transaction fees apply: Credit Card | $0.30 + 3.50% or Direct Debit | $1.50 + 1.50%
2 On claim
3 On admin fee
*Transaction fees apply: Credit Card | $0.30 + 3.50% or Direct Debit | $1.50 + 1.50%
How does Kibono compare to other HSA providers?
Kibono |
Other HSAs | |
Setup Fee | $0 | $100 |
Admin Fee / Claim | $2.25 + 5.25% | up to 15% |
Annual Fee | $0 | $250 |
Plan Change Fee | $0 | $5 / new employee |
Account Funding | Monthly or Prepaid | Prepaid + Fee |
Contract | No lock-in | 1 year lock-in |