Health Savings Account (HSA)
Be prepared for anything. An HSA can help ensure you have the money you need to pay for medical expenses as they arise.
You can get tax deductions when you contribute to your HSA account and receive tax-free withdrawals for qualified medical, dental, vision, and other expenses2.
No Maintenance Fees
Save for qualified medical expenses with no monthly maintenance fees and no minimum balance requirements.
Enjoy the Benefits
Greater personal control over healthcare management and expenses
Prepare for qualified medical expenses
Includes free HSA debit card
Tax savings tax deductions when you contribute to your account
Tax-free withdrawals for qualified medical, dental, vision expenses, and more2
Contributions are tax-free and can be made by you, your employer, or a third party
Funds can be withdrawn at any time3
No monthly maintenance fee
No minimum balance requirements
Unused funds remain in account year after year with no “use it or lose it” policy
Keep your HSA in your name, regardless of career or life changes
No minimum deposit to open
Must be covered under a qualified, high deductible health plan
Must not have coverage by another type of health plan
Cannot be claimed as a dependent on another person’s tax return
Cannot be enrolled in Medicare
Most adults under 65 who are not enrolled in Medicare and are covered under a high-deductible health plan (HDHP) can qualify for an HSA, but it is up to the account holders to determine their own eligibility. Please contact your tax advisor for further eligibility requirements.