How do I know if I can have a Health Savings Account?

To contribute, the owner of a Health Savings Account (HSA) must have a High Deductible Health Plan (HDHP) and must not be covered by any Health Plan that is not an HDHP, not be claimed as a dependent on another’s tax return and not be enrolled in Medicare.*

*Other criteria may apply. Consult your Health Insurance Provider to be certain you are eligible for an HSA. The Bank does not determine your eligibility.

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How do I know if I can have a Health Savings Account?

FAQs

Are there tax advantages to having a Health Savings Account?

Who can help me determine if I’m eligible for an HSA?

What should I know about HSA distributions?

What is a High Deductible Health Plan (HDHP)?

What is a Health Savings Account?

What are the requirements for your Health Savings Accounts?

What are the contribution limits for an HSA?

How do I know if I can have a Health Savings Account?

How do contributions to an HSA work?