
Benefits of a Health Savings Account Triple Tax Savings
- Tax deductions when you contribute to your account
- Tax free earnings through investment
- Tax free withdrawals for qualified medical expenses
Consult your tax advisor about the tax benefits applicable to Health Savings Accounts. Qualified medical expenses are defined under Section 213(C) of the IRS Code. More detail to the IRS Publication available about Medical and Dental Expenses here.

Complete your paperwork in advance. Print the Documents.
Who Can Have Health Savings Account?
Any adult can contribute to an HSA if he or she:
- Has coverage under an HSA-qualified "high deductible health plan" (HDHP)
- Has no other first-dollar medical coverage
- Is not enrolled in Medicare
- Cannot be claimed as a dependent on someone else's tax return
See our Rates and Fees.