Details
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- Greater personal control over healthcare management and expenses
- Prepare for qualified medical expenses
- Offers competitive interest rate
- Receive higher rates on larger deposits
- May have tax advantages. Please see advice accordingly.
- Funds can be withdrawn at any time1
- No monthly service charge
- No minimum balance requirements
- Federally insured by FDIC
- $100 minimum deposit to open
Eligibility
Please contact your tax advisor for eligibility requirements.
1You can withdraw funds at any time for any purpose. However, if funds are withdrawn for reasons other than qualified medical expenses, the amount withdrawn will be included as taxable income, and is subject to a 10% penalty.