Health Savings Accounts HSAs
Unique Tax Advantages
Prepare for the unexpected with tax-deductible contributions, tax-free earnings, and tax-free withdrawals for qualified medical expenses. You must have an HSA-qualified insurance plan. Subject to current HSA limits, standard IRA reporting and other restrictions apply.
- Convenience. Convenient HSA Debit Card – No monthly service fee.
- Save. Save money on many out-of-pocket medical expenses like doctor visits, vision and dental care, and prescriptions.
- For Life. Your HSA belongs to you, so you can use the money in your account to pay qualified health care expenses throughout your life – including retirement.
- No “Use-it-or-lose-it” Rules. Any unused balance carries over from year to the next.
An HSA offers unique tax advantages that help you keep more of your hard-earned money. Visit with your tax advisor to see if a Health Savings Account from R Bank will complement your health and financial wellness needs.