A Health Savings Account (HSA) is a tiered rate, interest-bearing checking account designed to give individuals enrolled in a high-deductible health plan (HDHP) control over saving for and the management of health care costs.
To be eligible to open an HSA, you must: Be covered under a qualified HDHPNot be covered under another plan that is not an HDHP *Not be eligible to be claimed as a dependent on another individual's tax returnhave HDHP coverage on the first day of the month during the month that the account is openedNot be enrolled in Medicare
* Certain exceptions may apply.
For further information, please contact a personal banker at (715) 479-4406.
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