Health Savings Accounts

First Secure State Banks Offers Health Savings Accounts!

• Do you have a Qualifying High Deductible Health Plan?
• Are you concerned about the ever-increasing costs of health care?
• Would you like an easy and secure way to set aside dollars for health care expenses?

Open a Health Savings Account Today and Start Offsetting Qualified Medical Expenses. To qualify for a Health Savings Account, you must be participating in a qualified High Deductible Health Plan (HDHP), and your annualized deposit must remain within government limits. Other limitations may apply. Check with your insurance agent or tax adviser to confirm eligibility. Compare a Health Savings Account to an IRA. Contributions reduce taxable income however, only the interest on the account is tax deferred. Funds can be withdrawn tax free for eligible medical expenses.   Click here for more detailed information.