Make sure you're HDHP-covered
To open an HSA, you'll need to be enrolled in an IRS-qualified High Deductible Health Plan (HDHP). Not sure if yours qualifies? Check with your employer or health insurer before you apply.
A smarter way to cover healthcare costs.
Our HSA helps you save with tax advantages, pay for qualified healthcare expenses, and roll over unused funds, so your money stays yours.
The triple-tax saving advantage.
Tax-free growth.
Dividends earned in your HSA are tax-free while they remain in the account.
Tax-deductible contributions.
Eligible personal contributions to an HSA may be deductible on your federal income tax return. Contributions made through an employer’s qualifying payroll plan can be pre-tax. Eligibility requirements and contribution limits apply based on whether the plan is individual or family.
Tax-free withdrawals.
Your withdrawals are entirely tax free provided you use the money for qualified medical expenses.
Your HSA, in full.
- Everything you need to manage healthcare costs, in one account.
- Your funds never expire: unused money rolls over from year to year.
- Your HSA comes with a debit card. Paying for qualified medical expenses is as easy as any other purchase. No reimbursement forms, no waiting.
- Open your HSA with a $1.00 contribution. No minimum ongoing balance is required.
- No annual fee.
- Draft your HSA by check, just like a checking account.
- Bill Pay service available. Schedule and manage healthcare payments with ease.
- Competitive dividend rates on your balance.
- Available to members 18 and older who are enrolled in a qualifying High Deductible Health Plan (HDHP).
- Not available to those enrolled in Medicare or claimed as a dependent on someone else's tax return.
- Consult a qualified tax professional to make the most of your HSA's tax advantages.
Smarter Banking. More Living. 
Built for Members. Designed for Life. 
Life Comes First. 
Saving You More Than Money. Move Forward with Confidence. Smarter Banking. More Living. Built for Members. Designed for Life. Life Comes First. Saving You More Than Money. Move Forward with Confidence.
Built for Members. Designed for Life. Life Comes First. Saving You More Than Money. Move Forward with Confidence. Smarter Banking. More Living. Built for Members. Designed for Life. Life Comes First. Saving You More Than Money. Move Forward with Confidence. Everything you need to get your HSA working.
When medical emergencies hit, your HSA allows you to focus on your health, rather than your finances. Here's how to get one.
Get your account open in five minutes
Opening your account is straightforward. Apply online, visit a branch, or give us a call. All you need is your basic personal information. No paperwork mountain.
Fund your HSA your way
Contribute through payroll deductions, bank transfers, or individual deposits—whichever fits your setup. Tax treatment depends on how you contribute. Your contributions and your employer’s contributions count toward your annual IRS limit.
Use it now or build for the future
Use your HSA Debit Card to pay for qualified medical expenses such as prescriptions, co-pays, dental, vision, and more, or simply let your balance build.
Your Health Savings questions, answered.
The ones we hear most. Answered plainly, without the fine print.
A Health Savings Account (HSA) is a tax-advantaged savings account for qualified medical expenses. Eligible contributions offer tax benefits, and unused funds roll over from year to year.
You must be 18 or older and enrolled in a qualifying High Deductible Health Plan (HDHP). You can't be enrolled in Medicare or claimed as a dependent on someone else's tax return.
Most doctor visits, prescriptions, dental, and vision costs qualify. Check IRS Publication 502 for the full list of qualified medical expenses.
Nothing — your funds never expire. Unused money simply rolls over from year to year.
No. There is no minimum balance required. However, a $1.00 contribution is required to open your HSA account.
No, there is no annual fee on your HSA.
Yes, every HSA comes with a debit card so you can pay for qualified medical expenses directly, with no reimbursement forms.
Yes, Bill Pay is available so you can schedule and manage healthcare payments directly from your account.
We're happy to explain how your HSA works, but for specific tax guidance we recommend consulting a qualified tax professional.
Apply online, visit a branch, or give us a call.
You are responsible for maintaining records of how your HSA funds are used. You should keep receipts for all qualified medical expenses for at least three years in case the IRS requests documentation.
No, the catch-up contribution for Health Savings Accounts (HSA) is available to individuals age 55 or older, not 50. This allows eligible individuals to contribute an additional amount to their HSA beyond the standard contribution limits.
If you need to change your plan type, please inform us so we can process the change. We will ask you to submit this request in writing.
Yes, you can assign beneficiaries when opening the account or update them at any time. Simply select the “Open or Manage an HSA” button to manage your beneficiaries, or visit a local branch for assistance.
Disclaimer
Arise Financial does not provide legal or tax advice. This information is general and educational in nature and should not be considered legal or tax advice. Consult an attorney or tax professional to guide your specific situation.
We're here for you.
Our team is ready to help you reach your goals with personalized support and guidance.
Contact Us
