Take charge of your health care with a Health Savings Account from Sterling Bank.
A Health Savings Account (HSA) in conjunction with a high-deductible health plan (HDHP) is a new way to lower your health care costs. It's a tax-advantaged account that can be used to pay for day-to-day eligible medical expenses. Your HSA is also an excellent way to save for retirement as the money in your account continues to grow tax-free, year after year.
Reasons to open a Health Savings Account today:
- Freedom of choice over your health care decisions
- Long-term savings
- Tax savings
- Interest earnings
- Stays with you - fully portable
Your HSA works just like a regular checking account. You can either write a check or use your debit card to pay for qualified medical expenses. Statements can be mailed or viewed online, and you'll receive a year-end report for tax purposes. Your account features:
- No Minimum Balance
- Free Debit Card
- Free First Set of Checks
- Free Internet Banking
- Monthly e-Statements
- Earn Interest
- Year-End Report
To open your Health Savings Account, contact us today.
Also consult with your Accountant to make sure if an HSA is the best account for you.
If you have questions, please visit our Help Center, or contact us for assistance.