Health Savings Account
It's easy to bank with Merchants Bank™
Health Savings Account
It's easy to bank with Merchants Bank™
Health Savings Accounts (HSA) for Qualified HDHPs
A Health Savings Account (HSA) is a smart way to save for medical expenses if you have a high-deductible health plan (HDHP). Enjoy tax-free savings on contributions, earn a competitive interest rate, and roll over unspent balances year after year—all while maintaining flexibility in how you pay for healthcare expenses.
Account Details:
- Competitive interest rates on all balances
- IRS annual contribution limits apply and are tax deductible
- Withdrawals for qualified medical expense are tax-free
- Convenient access to funds with a debit card or checks
- Unlimited number of transactions
- Monthly statements to keep track of your savings
Open your HSA today by contacting one of our Banking Professionals at a location near you.
Looking for additional ways to maximize your savings?
Looking for additional ways to maximize your savings?
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