Health Savings Account

Features & Benefits

No minimum opening deposit required
$25 Annual maintenance charge
Earns tiered interest rate
Unlimited Check writing capabilities
Free Mastercard Debit Card with Fraud Watch and damage replacement
Check Imaged Statements

To be eligible for an HSA, you must meet the following legal requirements:

Be enrolled in a qualified high deductible health plan ("HDHP") - a health plan that typically offers a higher deductible but a lower premium
Not be enrolled in a health insurance plan other than an HDHP or another allowable plan
Not be claimed as a dependent on another person's tax return
Not be eligible for benefits under Part A or Part B of Medicare

Using Your HSA

We make it easy for you to use your HSA:

No "use it or lose it" condition at year-end
Unspent money earns interest and grows tax-free
HSA is portable and yours to keep, even if you change jobs

Contributions

Deposit personal checks
Set up pre-tax payroll deductions with your employer
Roll over funds from another existing HSA

Distributions

Withdraw money tax-free at any time to pay for qualified medical expenses
Make payments from your HSA easily by personal check, online bill pay, or with your Security Bank HSA MASTERCARD® Debit Card

Have more questions on qualifications & limits?

For more details and the most up-to-date information visit the U.S. Internal Revenue Service, visit with your tax advisor, or stop in one of our branches to learn more.

For more information, Visit IRS.gov or visit with your tax advisor.

Health Savings Account (HSA) from Security Bank