Introduction to Health Savings Accounts (HSA) with HSA Bank

HSA Bank welcomes you! You have the opportunity offered by your employer to open a Health Savings Account (HSA) through HSA Bank. Discover why HSA Bank is a trusted financial healthcare partner. What is an HSA? HSAs work together with HSA-compatible health plans. The health plan is used to cover serious illness or injury, while the HSA is used for current or future expenses that are not paid by the health plan. Try our online calculating tools located at www.hsabank.com/calculators, to learn more about HSAs and if one is right for you. What are the advantages of an HSA? • Funds roll over annually There is no “use it or lose it” philosophy. If you don’t use it, save it for next year. Or even for retirement. • Tax advantages* Contributions can be made pre-tax or post-tax, distributions for eligible expenses are tax-free and earnings grow tax-deferred. • You own the account Even if your HSA-compatible coverage ends, you can still use your HSA funds tax-free for eligible healthcare expenses. • Long-term investment opportunities HSA Invest (www.hsabank.com/investments) offers three investment options — Choice, Select and Managed — to give you thoughtfully chosen securities that are aligned to your HSA and relevant to your financial objectives. • You’re in charge You choose when to use your HSA or pay out of pocket.