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Premier Health Savings Account

Preparing for the unpredictable has never been easier.

Account Features

A Health Savings Account (HSA) is a tax-exempt1 custodial account to pay for or reimburse qualified medical expenses.4

Businesses of all sizes can contribute to their qualified employees’ HSA accounts. Any qualified individual with a High Deductible Health Plan (HDHP) can also be self-funded for unemployed, self-employed, or employed individuals.

The money in the HSA will roll over from year to year, earning tax-deferred interest. The individual owns the account and the funds inside it, and can withdraw them at any time. Withdrawals used to pay for qualified medical expenses will remain tax-free. 

  • $50 minimum deposit to open
  • Competitive interest rate2
  • Interest compounded and credited monthly
  • First box of checks free3
  • Unlimited check writing
  • Free debit card

Mastercard Guide to Benefits

What qualifies you to make regular contributions to an HSA?

  • Covered under a qualified High Deductible Health Plan (HDHP)
  • Cannot be covered by a non HDHP (exceptions apply4)
  • Not enrolled in Medicare
  • Not eligible to be claimed as a dependent on someone else’s tax return

To learn more about HSAs, visit a local branch.

Would you like to speak to a TBK Team Member about a Premier Health Savings Account?

  1. TBK Bank does not provide tax, legal, or investment planning advice. Consult with your legal or tax counsel. State taxes may apply.
  2. Rates, terms and conditions subject to change without notice. Fees may reduce earnings.
  3. Each HSA’s first box of checks is free. Fees vary on subsequent orders.
  4. Please see publication 969 irs.gov for exceptions.