Frequently Asked Questions

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.

Frequently Asked Questions