Locations Security Help & Support Personal Business Wealth Management About Us LOGIN | ENROLL Share buttons Health Savings Account (HSA) An HSA is a personal account you can contribute to and draw from to pay for many out-of-pocket medical costs like doctor visits, prescriptions, vision, and dental care. Who is Eligible? Individual HSAs are available to those who also participate in a qualified High Deductible Health Plan (HDHP) for medical expenses. Learn more Making contributions and growing your account. Depending on your plan (single or family), you may contribute up to the maximum limits as set by the IRS annually. You can make contributions and grow your account through Direct Deposit, online transfers from a personal checking or savings account, or rollover funds from another HSA. A transfer fee of $30 will be assessed if you move your HSA to another institution. Learn more Opening an account. Opening an HSA account is easy. Simply contact your local branch and an advisor can assist you with the process. Since an HSA is an individual account, you may not hold it jointly with another person but all eligible members of your family can benefit from it. No account minimums Special HSA Mastercard® debit card Contributions are tax-deductible Balance rolls over each year Open an account Account Details Advantages of an HSA Affordability Pay less for a HDHP and use the premium savings to fund your HSA. Control Your money is in your hands. You get to decide whether to save it or use it for medical expenses. Flexibility HSA funds can be used for a wide range of healthcare-related expenses not typically covered by other healthcare accounts. Ownership The money you save stays. Your HSA is a lifetime account that is not tied to any one health plan or employer. Health Savings Account FAQs What expenses are qualified to be paid with an HSA? Am I Eligible for an HSA account? What Are the HSA Contribution Limits? How Do I Report Contributions to My HSA? I'm Self-Employed. Am I Still Eligible for an HSA? What are the advantages for your business? What are the benefits for your employees? EXCEPTIONAL SERVICE ● SENSIBLE ADVICE® Get to Know Us Careers Accessibility Connect With Us 888-873-2640 © 2021 Horizon Bank All Rights Reserved Privacy Notice Security Site Map