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Health Savings Accounts (HSAs) are among the most anticipated additions to the healthcare industry. HSAs are fully tax-deductible accounts with tax-deferred earnings. Distributions are used to pay for qualified medical expenses and are tax-free. Annual contributions to an HSA belong to the contributor and there are no spending deadlines. All unused contributions remain in the account and earn tax-deferred interest. A customer must have a high deductible insurance plan and meet eligible requirements. First National Bank is proud to offer this product as a convenience to our customers.
For more information about HSA, please contact a personal banker at 918-251-5371.
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