Medical bills – both planned and unplanned – can add up quickly. Make your money work harder for you by using pre-tax dollars to pay those expenses.
Spend pre-tax dollars to pay for medical expenses
Open an account with just $5
Take full advantage of annual contribution limits1: up to $3,500 for individuals and $7,000 for families
With medical costs continually rising, Health Savings Accounts (HSAs) help you pay those bills with pre-tax dollars – so you get even more out of your money. Your unused HSA funds can grow each year, which helps you save for future medical expenses.
When you open a Health Savings Account, we set up two accounts for you: HSA savings and HSA checking. When you need to pay an eligible bill, you simply write a check from your HSA account or pay with your debit card. We transfer funds from your HSA savings account to cover that amount.
To be eligible to open a Health Savings Account, you must meet all of the following requirements:
When you open a health savings account, you help to plan for future healthcare expenses.