Health Savings Accounts

Landmark Bank Health Savings Account is an easy way to save on your healthcare expenses. You may be giving away hundreds of dollars every year if you have a high-deductible healthcare plan. A Health Savings Account (HSA) is a new tax-advantaged account to be used in conjunction with certain high-deductible (low premium) health insurance plans to pay for qualifying medical expenses. The best news is that your unused balance carried over at year's end!

Features Include:

  • HSA contributions are tax-deductible ($3,850 for self only; $7,750 for families).
  • Interest earned on your account is tax-free
  • Withdrawals for qualified medical expenses are tax-free
  • You own the HSA and it is yours to keep - even when you change plans or retire
  • Your HSA is administered locally by the people you trust - Landmark Bank

Who is eligible?

Anyone covered under a "high-deductible" plan.

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