Health Savings Account (HSA)

Treat the health of your body like the health of your business — expect the unexpected, and prepare in advance.

  • Be prepared for medical expenses as they arise
  • Works alongside an HDHP (high-deductible health plan)
  • Watch your health savings grow with special tax advantages:*
    • Tax deductions when you contribute to your account
    • Tax-free withdrawals for qualified medical, dental, vision expenses, and more
  • Contributions are tax-free and can be made by you, your employer, or a third party
  • Funds can be withdrawn at any time
  • 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
  • $100 minimum deposit to open

Eligibility

Adults under age 65, who are covered under a high-deductible health plan (HDHP) and are not enrolled in Medicare, can usually qualify for an HSA. Please contact a tax advisor for further eligibility requirements.