Health Savings Accounts
Unexpected sickness or injury can make your financial life complicated. Reduce the stress by planning ahead and taking control of your health care expenses with a Health Savings Account (HSA).
A Health Savings Account (HSA) is a federally tax-deductible and tax free medical savings account created in response to the rising costs of health care with the intent to allow the individual to be in control of their health care costs. Unlike flexible spending accounts there is no “use or lose it” rules and the funds can rollover year after year if not used. The HSA is used in conjunction with a high-deductible health insurance plan. It can be used for doctor’s visits, prescriptions, transportation to get medical care, even certain dental and vision care.
Take advantage of the tax breaks and discover how an HSA acts as a safety net to help cover your healthcare expenses. With healthcare costs rising it’s nice to know that you have options.
Get your questions answered and decide if an HSA is right choice for you!
Health Savings Account - FAQs
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