Health Savings Accounts

Discover a new health insurance option! Combine a tax-favored Health Savings Account (HSA) and an HSA-eligible health insurance plan to save money tax-free for healthcare costs! Health Savings Accounts are great news for Americans!

• Pre-tax money is deposited each year into an HSA and can be easily withdrawn at any time with no penalty or taxes to pay for qualified medical expenses. Withdrawals can also be made for non-medical purposes, but will be taxed as normal income and are subject to a 10 percent penalty if done prior to age 65.
• Any HSA funds not used each year remain in the account, and earn interest tax-free to supplement medical expenses at any time in the future.
• Like an IRA, the account belongs to you, not your employer. But unlike an IRA, your employer CAN contribute to your HSA.

HSA-eligible health insurance plans are often less expensive than other health insurance plans.

Find an HSA plan that's right for you. 

Read more about Health Savings Account...

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