A partner in your wellness.
An HSA lets you put money away for future healthcare costs while saving on taxes. How? HSAs are never taxed at a federal income tax level when used for qualified medical expenses. Contributions can come straight out of your paycheck, and your HSA can grow tax-free too.
- No 'use-it-or-lose it,' keep your HSA forever
- Create a healthcare emergency safety net
- Free Debit Card to make qualified purchases
- Earn interest
- Tax advantages*
Common qualified medical expenses:
- Pain relievers
- Doctor visits
- Dental cleaning
- Sleep aids
- Eyeglasses/contacts
- Cold/cough medicine
- Chiropractic care
- Insulin testing supplies
*You're eligible to contribute to an HSA when you're covered by certain high deductible health plans (HDHPs). You can't contribute to an HSA if you have Medicare coverage, or a plan that pays its share of a covered service with you having to pay deductibles or copayments first. You can only contribute to an HSA when you're enrolled in a qualified high deductible health plan with no other coverage that disqualifies you. Consult tax advisor regarding tax benefits of an HSA.
Minimum to earn interest is $.01. Maintenance fee of $2 per month beginning in month 13. E-statements are free, paper statements are $2 per month.
Minimum to earn interest is $.01. Maintenance fee of $2 per month beginning in month 13. E-statements are free, paper statements are $2 per month.
First Bank of Manhattan & New Lenox are full-service banks with branches in Will County, Illinois.