Understanding HSA-eligible plans
Setting up HSAs
After you enroll in an HSA-eligible plan, you’ll need to open an
separately to get started.
How to find an HSA financial institution
- Research HSA providers online.
- Check with your health insurance company to see if they partner with HSA financial institutions.
- Ask your bank if they offer an HSA option that meets your needs.
What to think about when choosing an HSA
- Some HSAs have fees associated with them, like a charge for opening or closing the account and monthly maintenance fees.
- Banking options, services, and features, like debit cards and online banking, may differ by HSA provider.
- How you’ll make your pre-tax dollar deposits into your HSA may also vary.
Get more information
Get more information on HSA-eligible plans (also called High Deductible Health Plans (HDHPs)), including both the minimum and maximum yearly deductible, from the IRS.