We can help you relax with a tax-friendly health savings account, or HSA. It’s a health plan that makes it easy for you to save for out-of-pocket healthcare expenses if you’re currently participating in a qualified, high deductible insurance plan.
A Health Savings Account (HSA) in conjunction with a high-deductible health plan (HDHP) is a new way to lower your health care costs. It's a tax-advantaged account that can be used to pay for day-to-day eligible medical expenses. Your HSA is also an excellent way to save for retirement as the money in your account continues to grow tax-free, year after year.
Your HSA works just like a regular checking account. You can either write a check or use your debit card to pay for qualified medical expenses. Statements can be mailed or viewed online.
To learn more about Health Savings Accounts and what they can do for you, check out the quick video in our Education Center.