Health Savings Investment Account: No Term
Sometimes it’s easier to just pay for medical expenses out-of-pocket, especially if you’re fortunate enough to not have many healthcare costs. Our Health Savings Investment Account: No Term helps you to save money for future medical costs and reimburse yourself for out-of-pocket expenses, while earning interest on your account balance. Contributions made to your account also have potential tax advantages that may help reduce your taxable income.*
Standard Health Savings Account Features
- No setup fee
- No monthly maintenance fee
- Interest paid via rate tiers based on balance and credited to your account monthly
- Online banking
- Mobile banking
- Contributions tax deductible in most cases*
Health Savings Investment Account: No Term Features
- No set term lengths
- Statement can be combined with other checking statements or sent annually
*Tax rules involving Health Savings Accounts should be handled carefully by a tax advisor. Prior to making your decision on choosing a Health Savings Account please consult the expertise of a tax advisor to make sure this is the best option for you.