Health care is the number one issue facing many individuals and families in America. A Health Savings Account (HSA) offers eligible individuals who participate in a high deductible health plan (HDHP) an affordable alternative to the high cost of health care. The HSA offers individuals many benefits, including the ability to keep the money and save for retirement. For more information on HSAs see our HSA Frequently Asked Questions.
Some Great Reasons to Open a Health Savings Account:
- Tax savings
- Earned interest
- Reduced insurance premiums
- Long-term savings
- Moves with you/portable
- A great way to save for qualified medical expenses
A HSA Checking Account offers features designed to meet your needs.
- Opening deposit $100
- Interest bearing account
- Custom HSA checks
- Debit card for point-of-sale purchases and ATM withdrawals
- No annual or monthly fees assessed
- One-time set-up fee of $25
Tax benefits can vary; consult your tax advisor for complete information.
To learn more about HSAs visit the Online Education Center.