A Health Savings Account lets you set aside money on a pre-tax basis to pay for qualified medical expenses. You can contribute to an HSA if your health plan is an HSA-eligible or High Deductible Health Plan (HDHP). Other eligibility requirements may apply.
With your HSA, you benefit from tax breaks for contributions, earned interest, and withdrawals. Plus, you can roll over your HSA savings year to year and not have to “use it or lose it” by a particular date.
By using the funds in your HSA to pay for deductibles, copayments, and other expenses, you may be able to lower your out-of-pocket health care costs.
Only $25 to open
Share Savings membership account required
No service fees
No minimum balance required
Earn annual dividends by maintaining an average daily balance of $100 or more