HSAs & IRAs
Yes, we have tax-advantaged products. Keep more of your hard-earned money when you open an HSA and an IRA.
Health Savings Accounts (HSAs) - Save smarter for your healthcare expenses.
If you have an HSA-eligible, high deductible healthcare plan, open your HSA today*. The benefits are significant:
- Pre-tax contributions
- Tax-free growth
- Tax-free withdrawals
- Unused HSA assets can be used for retirement
- No annual fee and no minimum balance required
We offer easy access to your HSA funds with our HSA debit card, online banking and mobile banking.
Individual Retirement Accounts (IRAs) – It’s never too early to save for retirement.
An IRA provides the perfect vehicle to save for retirement while reducing your present or future taxes. * Money invested in a traditional IRA may be tax-deductible from your income today. The money becomes income when you make withdrawals and you pay taxes on it at that time. Roth IRAs work the opposite way: contributions are not tax-deductible, but distributions are tax-free. There may be penalties for early withdrawal.
*Consult your tax advisor to review your HSA and IRA eligibility.