HSA Checking

Government rules determine whether you are eligible and how you operate your account. You must be covered by a high deductible health plan (HDHP) that is HSA-compatible and not enrolled in Medicare, in addition to other requirements. Unlike Flexible Spending Accounts, your HSA has no "use it or lose it" requirement and also stays with you if you change jobs or retire.

Features

Requirements

  • Minimum to open: $25.00

  • Minimum balance required: $0
     

Contribution Limits

The HSA contribution limit is an aggregate total of deposits made to the HSA and HSA Certificate(s). Contributions for prior year (thru 4/15) must be made in writing via fax, mail or secure e-mail.
 

Restrictions

  • Member must be enrolled in the qualified high deductible health plan (HDHP) through the end of the year.

  • They must remain in the HDHP for at least 12 months.

  • Limit to one HSA account per membership