Today, Health Saving Accounts (or “HSAs”) are more popular than ever before, and with good reason. They’re designed to help people tackle the high costs of healthcare while saving for future medical expenses.
When you open an HSA with us, you get all the benefits of a traditional HSA—along with a team of people you can feel good about working with. Our Health Savings Accounts allow your employees’ contributions to be fully tax deductible and their distributions for qualified medical expenses to be free from tax.
To qualify for an HSA, your employees must be covered under a qualified High Deductible Health Plan (HDHP) on the 1st day of the month the contribution is made.
Accounts can be opened without an opening deposit and include a debit card and the first 50 checks for free. There is no service fee, annual fee or per check/debit fees! 3 4 6