Health Savings Account
A Health Savings Account (HSA) is a tax-dectuctible, tax-free account that can be used to pay health care expenses. The money in your HSA can be used for medical expenses. Balances carry over year to year, and you may take it with you regaurdless of a change in coverage or employment. A HSA must be opened in conjunction with a HSA qualified insurance High Deductible Health Plan (HDHP)
- Health Insurance can cost less
- Savings help pay your dedectible
- Tax-deductible deposits
- Tax-deferred growth
- Tax-free for medical care
Call us at 812-537-0940 and talk to our knowledable branch manager with any questions you may have.