need to open a new Health Savings Account (HSA)? We can help!
Using a Health Savings Account (HSA) puts more money in your pocket.
You can pay less in taxes and benefit from substantial discounts simply
by using an HSA to pay for your out-of-pocket medical expenses.
A Health Savings Account (HSA) works with a High Deductible Health
Plan (HDHP), and lets you set aside a portion of your paycheck—before
taxes—into an account to help you pay for medical expenses you owe
before you reach your deductible or that aren’t covered by your plan. It
can also help you plan for future medical expenses.
Reasons to sign up for an HSA today:
Enrollment is easy, and can be done online in a few minutes.
Debit card gives you convenient access to HSA funds, and can be used at
clinics, hospitals and pharmacies.
Access your account any time on the secure and easy-to-use website.
The online Healthcare Toolbox provides important information to help you
make decisions about your health insurance choices and healthcare.
User-friendly, web-based portal lets you manage account information, see
your balance, select to get helpful reminders sent via email, and
969: HSA's and Other Tax Advantaged Accounts
502: Qualified Medical Expenses
United States Department of the Treasury:
Health Savings Accounts (HSAs) Resource Center
Wisconsin Department of Revenue:
Health Savings Accounts
Questions? Contact HSA Consumer Services at (877) 780-3399
To get started contact a
Baylake Bank Personal Banker at (800) 267-3610
*Consult your tax advisor.
HSAs held at U.S. Bank, N.A. Member FDIC
| 217 N. 4th Avenue, Sturgeon Bay, WI 54235-2405
(920) 743-5551 or (800) 267-3610
Copyright © 2014 Baylake Bank. All rights reserved.
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Health Savings Accounts (HSA)
Health Savings Accounts (HSAs) were designed to help individuals who
have high-deductible health plans pay for qualified medical expenses. They
enable you to save money and pay bills. You can use your HSA for nearly
anything that you can use a Flexible Spending Account for, such as doctor
bills, prescriptions, and much more.
Whether you are currently employed, self-employed, or even retired, a Health
Savings Account can help you make the most of your money with the Federal
income tax-deductible* contributions and tax-deferred growth it can provide.