An Added Safety Net for Healthcare Costs
An HSA is available for people under 65 who are covered by a health insurance policy that is considered a high deductible plan. Contributions to an HSA may be tax-deductible, and the account grows tax-free. As long as withdrawals are used for qualifying medical expenses, they are not taxed. Money in your HSA rolls over and gains interest from year to year.
- Grows tax-free, using pre-tax dollars
- No opening, monthly, or annual fees
- No minimum balance
- Flexible investment options to grow your account
- Checking account, check card, and certificates available
