Where Physical and Financial Health Meet
Health Savings Accounts (HSAs) let you set aside money on a pre-tax basis to pay for qualified medical expenses, such as deductibles, copayments and coinsurance.
Our HSA features include:
- These are tax-advantaged health savings accounts.
- They are interest-bearing accounts.
- You can choose between eStatements or paper statements.
Are you eligible?
Guidelines are subject to change, consult a financial advisor to discuss your specific situation.
Per the IRS, the following requirements determine eligibility:
- You must be covered under a qualifying high-deductible health plan (HDHP) on the first day of the month.
- You have no other health coverage except what is permitted by the IRS.
- You are not enrolled in Medicare.
- You can’t be claimed as a dependent on someone else’s tax return.
Other restrictions and exceptions may also apply.
What’s a high-deductible health plan?
The IRS defines a qualifying high-deductible health plan with having specific minimum annual deductibles and out of pocket maximums that are subject to change on an annual basis. Consult a financial advisor to discuss.
All rates quoted as Annual Percentage Yield (APY) and subject to change without notice.