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Why should I consider getting an HSA?

You may save money both right away and over time because of the following:

• One hundred percent of your HSA contributions are tax deductible.
• You can allow the money in your HSA accrue interest and/or gains on a tax-free basis.
• There are absolutely no fees or tax penalties when you use your HSA to pay for qualified medical expenses.
• HSAs are usually accompanied by high-deductible HSA-eligible health insurance plans, which typically have lower premiums than non-HSA-eligible plans.

Please note that some HSAs charge a small monthly maintenance fee.

Health Savings Account (HSA) FAQs

• Can I roll over funds from other accounts into my HSA?
• How can I utilize my HSA funds?
• How do I begin this process?
• How do I know my money safe?
• How does an HSA help me save on taxes?
• How much can I contribute to my HSA?
• What are my extra costs if I choose an HSA?
• What are qualified medical expenses?
• What is a Health Savings Account (HSA)?
• What is an HSA-eligible insurance plan?
• Where can I invest my HSA funds?
• Why should I consider getting an HSA?