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Health Savings Account (HSA)
A Health Savings Account (HSA), when coupled with a High Deductible Health Plan (HDHP), enables you to take control of your own healthcare, save money on insurance costs and it can be used as a retirement vehicle. Contributions to your HSA are tax deductible and the account earnings will accumulate on a tax-deferred basis*. Distributions from your HSA are tax-free if they are used for qualified medical expenses.
To get started, obtain a qualifying HDHP from your health plan administrator, then open a HSA at Aventa.
See current rates.
*Consult your tax advisor.