3 steps for plan selection

Compare health plans

Enter information about your health plan options and anticipated healthcare usage into the Health Plan Comparison Calculator to see the most cost-effective option for your healthcare needs.

Explore HSA advantages

An HSA allows you to pay for IRS-qualified healthcare expenses, all tax-free. And HSA-eligible health plans typically have lower monthly premiums. See more benefits.

Set HSA contributions

Use the HSA Contribution Calculator to see how much you’re eligible to contribute and plan HSA contributions per paycheck. Set your 2024 contributions when you elect an HSA.

How an HSA works

You contribute to your HSA through payroll deduction, online banking transfer or personal check. Then you can use your HSA funds to pay for any IRS-qualified medical expenses, like doctor visits, hospital fees, prescriptions, dental exams, vision appointments, over-the-counter medications and more. Your HSA funds are yours for life — so you can cover today’s expenses while planning for your future. And you can potentially grow your healthcare savings and prepare for retirement with self-directed investment options.


Register for an HSA webinar to learn more.


HSA eligibility

If you enroll in a qualified high-deductible health plan (HDHP) through your employer, chances are that you can open an HSA. You must be covered by the qualified HDHP on the first day of the month prior to enrolling, and you must have a valid email address, Social Security number and a primary residence in the U.S. Certain factors may exclude you from opening an HSA, like if you’re claimed as a dependent on another person’s tax return, or if you’re covered by Tri-Care or any other non-HSA compatible health plan, including Medicare Parts A and B.



Ready to own your health and wealth?

Enroll in an HSA-eligible health plan and HSA with your employer during open enrollment.




*HSA Bank 2022 Open Enrollment Research. Feb. 2023.



Not Insured by FDIC or Any Other Government Agency

Not Bank Guaranteed

Not Bank Deposits or Obligations

May Lose Value