A safe and easy way to pay for healthcare costs with tax-free earnings.

Health Savings Account (HSA)

An HSA works with a high deductible health plan (HDHP), and allows you to use before-tax dollars to reimburse yourself for eligible out-of-pocket medical expenses for you, your spouse and your dependents.

Benefits of an HSA Account

An HSA is yours. Funds in your HSA account stay with you, even if you change jobs.

Contribute tax free. An HSA reduces your taxable income. The money is tax free both when you put it in and when you take it out to cover qualified medical expenses.

Spend tax free. Withdrawals used for eligible expenses are tax free.

Funds can be withdrawn anytime for medical expenses.

Grow funds tax free. An HSA grows with you. If you maintain a minimum balance of $2,000 your additional funds may be invested in mutual funds yielding tax-free earnings.

After age 65, the funds can be used for any purpose, without penalty.

HSA How-to Guide

Download step-by-step instructions to help you get the most of your new HSA Account.

hsa how to guide pdf

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