A health savings account is a tax saving account that is designed to take care of current and future medical expenses. HSA banks are qualified to accept contributions from individuals and businesses subject to certain limitations for these accounts.
In order to qualify for a health savings account, you must have a high deductible health plan. Health savings accounts banks funds can be utilized for paying qualified medical checkups, dental, vision, prescription drugs and over the counter medications.
Contact us at Financial Center of Indianapolis for questions that you have about opening an HSA. You might also be interested in our Reward Checking which earns dividends.
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