Inspira Financial

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Millennium Trust Company and PayFlex have joined forces under one banner to become your devoted partner for health, wealth, retirement, and benefits. We work with both businesses and individuals to create financial services and solutions that will help you prepare for the future — and make it brighter.

Inspira Financial provides health, wealth, retirement, and benefits solutions that strengthen and simplify the health and wealth journey. With more than 7 million clients, representing over $62 billion in assets, Inspira works with thousands of employers, plan sponsors, recordkeepers, TPAs, and other institutional partners — helping the people they care about plan, save, and invest for a brighter future. Inspira relentlessly pursues better outcomes for all with our automatic rollover services, health savings accounts, emergency savings funds, custody services, and more. Learn more at inspirafinancial.com.

Company Details

Editor Verified
Address
2001 Spring Road, Suite 700
Oak Brook, IL 60523
Phone
Company Size 1,000-2,499
Revenue Range $250M-$500M

Products & Services

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Wellness Incentive Programs

Lifestyle spending accounts (LSAs) help your team grow their health, well-being, and productivity in ways that match...

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Health Savings Account

A health savings account will allow your employees to plan, save, and pay for their personal health while your business...

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Health Care Flexible Spending Account

A health care flexible spending account (FSA) allows you to exempt your employees’ FSA contributions from your payroll...

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COBRA Administration and Direct Billing

Inspira can simplify COBRA, so you can help your employees maintain health care coverage. Our intuitive website and app...

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Emergency Savings Fund

Emergency Savings Fund

When employees don’t have to worry about unexpected expenses, they can focus more on work and life. Inspira makes...

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Automatic Rollover Services

Automatic Rollover Services

Automatic rollovers reduce your administrative costs and workload, which translates to more money and time to invest in...

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Dependent Care Flexible Spending Account

Show your employees that you care not only about them but also about their families — offer a dependent care flexible...

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Limited Purpose Flexible Spending Account

Caring for employees and their families requires vision — and dental. A limited purpose flexible spending account...

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Health Reimbursement Arrangement

Support your employees by offering a health reimbursement arrangement (HRA). HRAs help cover employees’ out-of-pocket...

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Resources & Content

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Strategies for improving HSA utilization at every life stage

Health savings accounts (HSAs) are an extremely valuable benefit. But, as plan sponsors and benefits brokers know, HSAs...

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Explore additional ways to help your employees cover their health care expenses

A health reimbursement account (HRA) is the one health benefit plan that belongs to you, the employer. You fund it,...

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Demonstrate that you care for your employees' well-being: Offer a lifestyle spending account

Stand out as an employer of choice by offering a benefit plan that meets employees' unique needs: a lifestyle spending...

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When employees resign or are terminated, what do you do with their small-balance retirement accounts?

Uncashed retirement plan distribution checks pose a significant challenge for plan sponsors. Generally, uncashed...

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Unexpected costs are a pain point for employees: Consider providing a panacea

The financial wellness of your employees directly impacts your company’s performance. Worrying about finances damages...

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For many workers, returning to the office is not a priority, but it may be for employers. Find out how commuter benefits can encourage and support employees' return to the office.

For employers, having their staff back in-house isn’t just about reclaiming a physical space; it’s about connection,...

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Do you already have an automatic IRA rollover program? Increase its usefulness

Maximize the value of your automatic rollover provision and avoid small-balance issues. If your retirement plan is...

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Unlock the triple tax advantage of health savings accounts (HSAs) for your employees

HSAs provide a triple tax advantage and help employees plan for the future while also saving employers money. And...

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Small-balance plan distribution checks left uncashed? Get a tailored solution

Mandatory, small-balance plan distribution checks can go uncashed by former employees. These uncashed checks may...

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News & Press Releases

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Press Release

Inspira Financial acquires First Dollar, redefining consumer-driven healthcare and empowering go-to-market partners with advanced health benefits technology

Published: 12/4/2024
Press Release

Inspira Financial teams up with Boldin, the financial planning platform, to empower accountholders to confidently plan for their future

Published: 10/21/2024
Press Release

Inspira Financial appoints visionary health care leader Matt Marek as president to drive next phase of growth

Published: 9/26/2024
Press Release

Inspira Financial’s study reveals increased contributions among workers with both HSAs and LPFSAs

Published: 9/10/2024
Press Release

Inspira Financial acquires Quest Trust Company’s self-directed IRA business

Published: 9/3/2024
Press Release

Taking an HSA from ‘money in, money out’ to ‘stow it and grow it’

Published: 8/14/2024
Press Release

Inspira Financial joins forces with ​​RideAmigos to transform the commute experience

Published: 7/16/2024
Press Release

Inspira Financial Survey Finds 79% of Employees Desire More Savings Opportunities, with 'Rainy Day Funds' a Top Priority for 70%

Published: 7/10/2024
Press Release

Inspira Financial Named One of Chicago’s Fastest-Growing Companies of 2024

Published: 6/13/2024