Health Savings (HSA)

 

 

Whether you’re planning ahead to cover unexpected medical expenses or you’re strategizing to offset your high annual deductible, a Security Bank Health Savings Account (HSA) just makes sense.

This special tax-advantaged account works in conjunction with your high-deductible health plan. An HSA enables you to save and pay for qualified medical expenses for you and your family, now and in the future. From paying co-payments at your doctor’s office, to pharmacy bills, dental care, vision care, and more - you’ll be ready.


April 18th, 2017 is the last day you are able to contribute to your HSA for your 2016 taxes.

If you would like more information about Health Savings Accounts, please visit the IRS link below:

IRS Information on HSAs


 

Watch a quick video to learn more...

Flash Content

 

Your HSA

Account at a Glance:

Minimum Balance Required No minimum balance required
Maintenance Charge $25 Annual maintenance charge
Earns Interest Yes – Tiered Rates. View Rates
Check Writing Capabilities Yes – No limit on check writing or debit card usage
Check Imaged Statements Yes

Have more questions? 

Call or stop in your local branch for more details or to open an account. 

Locations & Hours

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Qualifications and Limits

To be eligible for an HSA, you must meet the following legal requirements:

  • Be enrolled in a qualified high deductible health plan ("HDHP")  -  a health plan that typically offers a higher deductible but a lower premium
  • Not be enrolled in a health insurance plan other than an HDHP or another allowable plan
  • Not be claimed as a dependent on another person's tax return
  • Not be eligible for benefits under Part A or Part B of Medicare

Have more questions on Qualifications & Limits?

For more details and the most up-to-date information visit the U.S. Internal Revenue Service, visit with your tax advisor, or stop in one of our branches to learn more. 

View More Information on HSAs

Locations & Hours

Contact Us Online

Using your HSA

We make it easy for you to use your HSA:

  • No "use it or lose it" condition at year-end
  • Unspent money earns interest and grows tax-free
  • HSA is portable and yours to keep, even if you change jobs

Contributions

  • Deposit personal checks
  • Set up pre-tax payroll deductions with your employer
  • Roll over funds from another existing HSA

Distributions

  • Withdraw money tax-free at any time to pay for qualified medical expenses
  • Make payments from your HSA easily by personal check, online bill pay, or with your Security Bank HSA VISA® Debit Card

Have more questions on Qualifications & Limits?

For more details and the most up-to-date information visit the U.S. Internal Revenue Service, visit with your tax advisor, or stop in one of our branches to learn more. 

IRS Information on HSAs

Locations & Hours

Contact Us Online

Here are some easy-to-use online calculators to help you solve some common financial problems.

 

WHAT PEOPLE ARE SAYING...

"I have always been impressed with the eRewards Checking Account. The fact that a free checking account earns a very competitive interest and offers free nationwide ATM usage makes having this account an absolute no-brainer."

David Preisman 
Papillion, NE

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