You need more than an apple a day to keep up with medical expenses these days. HSAs are a healthy way to save for them.
A Health Savings Account allows you to save money to pay for medical care and health claims while earning dividends on your balances. If you are enrolled in a High Deductible Health Plan through your employer, you can put money aside with contributions that are tax-deductible and distributions that are tax-free when used for a qualified medical expense. Learn more about Health Savings Account at the U.S. Department of Treasury.
Here is our HSA Program at a glance*:
- APR (Annual Percentage Rate) is 0.35%
- Minimum Deposit $10.00
- Monthly Maintenance $1.95
- Account Early Closure (w/in 90 days) $10.00
- Card Replacement $5.00
* all fees sand APR are subject to change