Health Savings Account

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  Baylake Bank
Baylake Bank Announces New Health Care Savings Option; Health Savings Account Mutual Fund Provides Service Unique to Area

The new mutual fund HSA option is available through Accessor Funds, Inc., a family of specialty mutual funds that are administered by Accessor Capital and made available through Baylake Bank’s Trust Division. An HSA mutual fund can be opened after a customer has a regular HSA account, and can be established with a minimum balance of $2,500. Continued

Health Savings Accounts (HSA)

Health Savings Accounts can help you manage your healthcare expenses.

It's your health, and at Baylake Bank we can help you manage it on your own terms! HSAs were designed to help individuals who have high-deductible health plans to save on qualified medical expenses. They enable you to save money and pay bills' you can use an HSA for nearly anything that you can use a Flexible Spending Account for, such as doctor bills, prescriptions, and much more.

You can help control the rising expenses of health insurance with a convenient Baylake Bank Health Savings Account and the federal income tax-deductible* contributions and tax-deferred growth it can provide. Whether you are currently employed, self-employed, or even retired, a Health Savings Account can help you make the most of your money, as long as you or your spouse have high-deductible insurance.

With a Baylake Bank HSA, you have the power to save on healthcare expenses.

*Consult your tax advisor

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