Health Savings NOW Account
A health savings NOW account is a tax favored account used to pay or reimburse qualified medical expenses.
Requirements
- Must be an elgible individual to open the account
- Must already have in place a qualified high deductible health plan
- Maintain a $750 average daily balance during the statement cycle to avoid a monthly service charge and obtain the disclosed annual percentage yield
Benefits
- No minimum balance to open
- Pays a competitive rate of interest
- Unlimited check writing
- Free MasterCard® debit card