Health Savings Account
Details
- An HSA provides triple tax savings:
- Tax Deductions when you contribute to your account
- Tax-free earnings through investment
- Tax-free withdrawals for qualified medical, dental, vision expenses, and more*
- Contributions are tax-free and can be made by you, your employer, or a third party
- Funds can be withdrawn at any time**
- Competitive Interest rate on entire balance credited monthly
- Includes HSA Debit Card, estatements and online banking
- No minimum deposit to open
- No Monthly Service Fee
*Consult your tax advisor for all HSA tax requirements, contribution limits, and withdrawal information **You can withdraw funds at any time for any purpose. However, if funds are withdrawn for reasons other than qualified medical expenses the withdrawals may be subject to a tax penalty. Consult your tax advisor for more information.