Worry-Free, Fee-Free Health Savings Account
Take the worry out of paying for healthcare expenses and save for your qualified medical costs with with the First IB Health Savings Account (HSA). This tax-advantaged account can be used to pay for eligible medical and healthcare expenses.
- Contributions and interest earnings are tax-free
- Pay eligible expenses with a debit card, online bill pay or a check
- Funds are portable — the money is yours even if you change employment
- Your balance can roll over from one year to the next
For further details, refer to: Fees Common to All Personal Accounts, Truth in Savings Disclosure, Deposit Account Terms and Conditions.
To be eligible for a health savings account, you must be enrolled in a high-deductible health plan that meets IRS guidelines for the annual deductible and out-of-pocket maximum.
Additional eligibility requirements and contribution limits apply.