HEALTH SAVINGS ACCOUNT
Where health and wealth go hand-in-hand.
With a Health Savings Account (HSA), breaking a bone doesn't have to break the bank. When paired with a high-deductible health plan, an HSA is the easiest way to manager and pay for health related expenses. The best part - there is no "use it or lose it" clause, and your finds earn interest* over time!
The Ins and Outs of an HSA
An HSA is a savings account that you can make contributions (deposits) into and pay for qualified medical expenses with a debit card. Our HSA debit card can also be linked up to any wallet app on your mobile device. Your HSA funds don't expire - the money stays in your account until you use it. HSAs belong to the person and not the employer, so the funds are yours to keep, even if you change jobs or retire.
Eligible expenses covered by HSAs are vast, including many common medical items and procedures. For more details - click here.
Do I qualify for an HSA?
To be eligible for an HSA account:
- You must be currently enrolled in a high-deductible health care plan
- Not be covered under any other non-high-deductible health care plan
- Not be claimed as a dependent
Interested in opening an HSA? Chat with one of our local experts today!