Health Savings Accounts (HSAs)

• Greater personal control over healthcare management and expenses 
• Prepare for qualified medical expenses 
• Earn interest above standard savings on entire balance
  • Interest calculated on the daily balance method
  • Interest compounded and credited monthly
• Receive higher rates on larger deposits 
• An HSA provides triple tax savings: 
  • Tax deductions when you contribute to your account 
  • Tax-free earnings through investment 
  • Tax-free withdrawals for qualified medical, dental, vision expenses, and more¹ 
• Contributions are tax-free and can be made by you, your employer, or a third party 
• Funds can be withdrawn at any time² 
• No monthly maintenance fee 
• No minimum balance requirements
• Unused funds remain in account year after year; no "use it or lose it" policy 
• Keep your HSA in your name, regardless of career or life changes 
• Federally insured by FDIC 
• $1 minimum deposit to open 

Eligibility 

Most adults under 65 who are not enrolled in Medicare and are covered under a high-deductible health plan (HDHP) can qualify for an HSA, but it is up to the account holders to determine their own eligibility. Please contact your tax advisor for further eligibility requirements.