Health Savings Accounts (HSAs)
A Health Savings Account (HSA), when used with a High Deductible Health Plan (HDHP), will allow you to save money and have more control over your healthcare expenses. FAQs
Contributions to your HSA can be made by you, your employer, or both. However, the Federal Government does place an annual limit on contributions. For more information please visit the U.S. Treasury.
Distributions from your HSA could be tax-free when used for qualified medical expenses. Please see your tax advisor to determine if you are eligible for the tax benefits.
Do you want to see how your savings can add up? Our savings account calculator is a great way to see how every little bit counts.
Features
- Interest earned on deposits
- Automatic Transfers from Savings or Checking
- Free online banking
- Free telephone banking