A tax-free way to help pay for medical expenses
Just as high-deductible health insurance plans are increasing in popularity, so are Health Savings Accounts (HSAs). With an HSA from Vinton County National Bank, your employees can put away tax-free dollars to apply toward their health insurance deductible should they have a claim for medical care. If you are interested in having a representative come to your business and speak to your employees about HSA accounts, call 800.542.5004 and ask to speak to a Personal Banker.
Control healthcare costs with
- Tax-deductible contributions
- Tax-free earnings
- Tax-free distributions
More ways to save
Set up electronic statements with Vinton County National Bank and we’ll wave the $3.00 monthly account fee. Lose a debit card? No problem, replacement cards are only $5.00.
Health Savings accounts also come with these additional features:
- Complimentary first box of checks
- Online account access
- Monthly statement
- Debit Card
Learn more about HSAs
Eligibility
For 2022, HSAs require an annual deductible of at least $1,400 for an individual, or $2,800 for a family. The account owner is responsible for determining eligibility. It's a good idea to consult your tax advisor before opening an account.
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