An account to cover healthcare expenses.
Healthcare expenses can be unpredictable. Shouldn’t you have access to a way to manage them?
At Jewett City Savings Bank, that’s why we offer our Health Savings Account (HSA) — an effective way to manage health care expenses for customers enrolled in high-deductible health plans.
Our Health Savings Accounts include
& account alerts
Debit card with
Your HSA Checking can be funded by contributions that are directly deposited by your employer. You may also make tax-deductible contributions to your HSA Checking. Your total contributions for the year must not exceed the maximum annual contribution limit.
Withdrawals, or distributions, from your HSA Checking are not taxable when used for qualified medical expenses. Please consult your tax advisor regarding the potential tax implications of your HSA Checking.
- Tiered interest rates.
- No monthly or annual fees.
- No minimum balance requirements.
We make it easy to keep track of your balance and transactions:
- Unlimited check-writing
- Debit Card for each adult under the plan
- Online and Mobile Banking
- Monthly statements – eStatements available
All our accounts come with Federal Deposit Insurance Corporation (FDIC) protection of up to $250,000 per depositor. Learn more about Deposit Insurance.