"Health Savings Accounts (HSAs) were created in 2003 so that individuals covered by high-deductible health plans could receive tax-preferred treatment of money saved for medical expenses. Generally, an adult who is covered by a high-deductible health plan (and has no other first-dollar coverage) may establish an HSA."
|Health Savings Account||0.15%||0.15%|
Taxes and penalties may be assessed by the IRS for withdrawal for non-medical purposes. Overdraft fees may be assessed when applicable.