Health Savings Account (HSA)

Health Savings Account (HSA)

Put money away to pay for qualified health-related expenses pre-tax!

Health Savings Account (HSA)

Money that is deposited into a Health Savings Account pre-tax can be used on a variety of health and medical-related expenses.

An HSA account provides many benefits:

  • You can deduct contributions that you make to your HSA on your federal income tax returns.

  • Earnings in your HSA grow tax-deferred.

  • HSA distributions that you use to pay for qualified medical expenses are tax-free.

  • You can withdraw money from your HSA account any time.

  • You can carry over your HSA account balance from year to year.

  • You own the HSA account and can take it with you even if you change health plans or employers.

  • Please seek the advice of a tax advisor before opening an HSA account.

*Membership eligibility required. Please contact a Parks Heritage representative for complete details.

Ready to get started?

Open your health savings account today by contacting a member service representative.

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