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Health Savings Account

Health Savings Account

A Health Savings Account (HSA) is a tax advantaged medical savings account for individuals with high deductible health plans. Plan ahead and save for medical and health care expenses that are not covered by your insurance plan.

  • Interest Bearing
  • Debit Card
  • Check Access
    (First Book Free!)
  • Individual or Family
  • Tax Benefit1

Who is Eligible for a HSA?

Individuals or families that are covered by a HSA qualified health plan. Individuals cannot have other health coverage, such as Medicare, military benefits or medical FSAs.

Individuals not claimed as a dependent on another person’s tax return.

For more information about whether or not you qualify, go to IRS.gov and research Health Savings Accounts, or consult your tax advisor.

  1. Qualified contributions are tax-deductible and interest earned is tax-free. State tax treatment varies. Please consult with a tax advisor for more information.[back]

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