Health Savings Account
A Health Savings Account (HSA) is like a 401 (k) for healthcare. It is a tax-advantaged personal savings or investment account that individuals can use to save and pay for qualified healthcare expenses, now or in the future. Paired with a qualified high deductible health plan (HDHP), an HSA is a powerful financial tool that empowers consumers to be more actively involved in their healthcare decisions.
Contributions can be made by the employer, the employee/individual, or both. Tax-free withdrawals can be made to pay for qualified healthcare expenses incurred by the account holder, spouse, children, and other dependents.
- Checking Account
- $100.00 minimum to open
- 50 pack of checks- Free
- Free Debit Card
- Unlimited Withdrawals
- Unlimited Deposits up to allowable amount according to IRS Guidelines
- Free estatement
- $3.00 paper statement fee applies
- Variable Interest Rate
*You must be 18 years or older to apply*