Health Savings Account (HSA)
An HSA1 helps you save and invest funds for qualified medical expenses2 by providing a number of advantages: you and your employer can make pre-tax contributions,3 and after-tax deposits or transfers are tax-deductible.4 Then, as your balance earns interest, it’s tax-free.4 If you have any funds remaining at the end of the calendar year, don’t worry—they roll over year after year. You’ll also have the option of investing the money in a mutual fund once your account reaches a balance of $3,500.5,6,7
Visit your local branch to get started, and be sure you’re covered by a high-deductible health plan first.
If you like the flexibility and convenience of online banking, we’ve got you covered—anytime, anywhere.