Take advantage of the tax incentive that a Health Savings Account (HSA) has to offer!
With Baltic State Bank's HSA account, you can pay for all your qualified medical expenses tax-free.
- Your contributions are tax-free.
- There's a maximum contribution limit per year. Please visit the IRS website for more information.
- The contributions remain in your account until you use them.
- Unused contributions will be rolled over to next year.
- Your HSA account is "portable" and stays with you even if you change jobs.
- Must be enrolled in a High Deductible Health Plan
- Are not enrolled in Medicare
- Can't be claimed as dependent on someone else's tax return