Do you have a high deductible health plan? You may qualify for an HSA Account.
You are eligible if you are:
- Covered by an HSA-eligible health plan
- Not covered by other health insurance
- Not enrolled in Medicare
- Not claimed as a dependent on another’s tax return
What are the benefits of an HSA?
- Contributions are tax deductible by the eligible individual
- Taxes are not paid on earnings on the account if eligible
- Money saved carries over from year to year
- Money can be used for your spouse and children’s expenses even if they are not covered under your health plan
Stop in at any HomeTown Bank branch today to see if you qualify for a Health Savings Account today!