Health Savings
Depositing money into a Health Savings Account (HSA) now can prepare you to keep your finances healthy even when you aren’t.
Benefits
Even with a good high-deductible health care plan, out-of-pocket medical expenses can be costly. An Addition Financial Health Savings Account (HSA) is a unique savings account that allows you to save for future medical expenses with government-backed special tax savings.
- Dividends paid on daily account balances of $50 or more
- No minimum opening deposit
- No required minimum balance
- Unlimited deposits and in-person withdrawals
- Up to six electronic transfers per calendar month
Who can have an HSA?
You may qualify to open a Health Savings Account if you meet all of the following criteria.
- Possess coverage under the HSA-qualified high-deductible health care plan
- Have no other first-dollar medical coverage (specific injury insurance and accident, disability, dental care, vision care or long-term care insurance are permitted)
- Not enrolled in Medicare
- Cannot be claimed as a dependent on someone else's tax return
Consult a tax advisor for tax related information.
Health Savings Rates
Health Savings
$50 - $999.99
Health Savings
$1,000 +
Health Savings Account Checking
Managing your HSA just got easier with a Health Savings Account (HSA) Checking2 account from Addition Financial. With no account fees to worry about, managing your health-care funds becomes hassle-free. And the benefits don’t end there – enjoy exclusive features like Pay Early and no monthly service fees.
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