Skip to primary sidebar Skip to footer FVCBANK Success Has A Bank Account Login Menu Health Savings Accounts (HSA’s) A FVCbank Health Savings Account is a tax-advantaged account designed to help account holders pay for qualified medical expenses now and for the future. Used in conjunction with a High Deductible Health Plan (HDHP), the account offers several financial advantages. Find a location Benefits to Individuals: Individuals gain flexibility in managing their health and their money through: Tax-deductible contributions Tax-free earnings on the HSA Tax-free withdrawals from the HSA for qualified medical expenses Accumulation of HSA funds and earnings that roll over year to year Benefits to Employers: Employers can save on health insurance by adopting a High Deductible Health Plan combined with an HSA. The Bottom Line: Lower premiums for the employee health care plan A reduction in payroll taxes — all contributions to the HSA are pre-tax, this lowering the gross payroll Account Details: $50.00 minimum to open account Interest earned on all balances E-Statement FVCbank HSA Debit Card Account funds can be rolled over year to year Tax-free earnings and withdrawals Tax-deductible contributions This is a tax-advantage account designed for paying qualified out-of-pocket medical expenses in conjunction with a high-deductible health care plan. When used within IRS regulations regarding Health Savings Accounts. FVCbank is not a tax or legal advisor. It is suggested that you consult your personal tax or legal advisor before making tax or legal-related investment decisions. For more information about Health Savings Accounts, please contact one of our representatives today by calling (703) 436-4740 or by contacting us online. Footer Quick Links Press Releases Online Security About FVCbank Forms Privacy Policy Accessibility Mobile Banking Best Practices Contact Us Headquarters: 11325 Random Hills Road Suite 240 Fairfax, VA 22030 Phone: 703.436.4740 Member FDIC Social Icon Social Icon © 2021 FVCbank · Powered by 321 Web Marketing

Skip to primary sidebar Skip to footer FVCBANK Success Has A Bank Account Login Menu Forms We are pleased to provide the following forms for your convenience. Please contact us with any questions or comments. Personal Financial Statement Footer Quick Links Press Releases Online Security About FVCbank Forms Privacy Policy Accessibility Mobile Banking Best Practices Contact Us Headquarters: 11325 Random Hills Road Suite 240 Fairfax, VA 22030 Phone: 703.436.4740 Member FDIC Social Icon Social Icon © 2021 FVCbank · Powered by 321 Web Marketing