Health Savings Account
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A Health Savings Account (HSA) allows you to save for current and future health-related costs on a tax-free* basis. Designed to give you more control; you decide how to spend money on your health. You make the decisions!


Special tax advantages for an individual Health Savings Account:

 

  • Your contributions are tax deductible* to certain limits.
  • Your withdrawals are tax-free* if used for qualified medical expenses. 
  • Your HSA is portable, so it stays with you even if you change jobs. 
  • Your unspent savings grow from year to year until retirement.

 

Open your HSA with IRA funds – TAX FREE*; it’s easy!

 

Your Health Savings Account with First Choice Bank offers:

 

  • A Competitive interest rate. 
  • A FREE Visa Debit card.   
  • No set up fees, no per check charges
  • Small $3.00 monthly fee

 

*Consult a tax advisor for specific tax benefits.

 

Visit HSA Office of Public Affairs to gain further knowledge and understanding.

 

 

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