Health Savings Accounts (HSA)
Put rising healthcare costs into perspective.
Medical insurance only goes so far nowadays. Gain peace of mind and control with a health savings account that offers several benefits.
• Tax savings, such as deductible contributions and tax-free distributions when used to cover qualified medical expenses.
• Automatic rollovers if the account balance isn’t spent in one year.
• Eligibility after age 65 even if you enroll in Medicare.
Enjoy the convenience of accessing your funds with an HSA debit card; use wherever MasterCard is accepted. It’s much easier to use than writing a personal check and transactions are tracked on your statement.
Consult a tax or legal professional before opening an HSA account or contact Bank of Sun Prairie for more information.
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