Don’t let medical expenses take you by surprise. A Health Savings Account (HSA) from C-Plant helps you set funds aside to cover qualified healthcare costs. Dividends above standard savings and tax advantages* make your dollar stretch — so you can avoid undue financial stress.
You, your employer, or your family members may contribute to your HSA. And because you own the account, you can take it with you, even if you change jobs.
Click here to access C-Plant’s HSA website for all your HSA needs.
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Summary
- Greater personal control over healthcare management and expenses
- Prepare for qualified medical expenses
- Earn dividends above standard savings on entire balance
- An HSA provides triple tax savings:
- Tax deductions when you contribute to your account
- Tax-free earnings through investment
- Tax-free withdrawals for qualified medical, dental, vision expenses, and more*
- Contributions are tax-free and can be made by you, your employer, or a third party
- Funds can be withdrawn at any time**
- No monthly service fee
- No minimum balance requirements
- Unused funds remain in account year after year; no "use it or lose it" policy
- Keep your HSA in your name, regardless of career or life changes
- Federally insured by FDIC
- No minimum deposit to open
Eligibility
Most adults under 65 who are not enrolled in Medicare and are covered under a high-deductible health plan (HDHP) can qualify for an HSA, but it is up to the account holders to determine their own eligibility. Please contact your tax advisor for further eligibility requirements.
*Consult a tax advisor.
**You 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 However, if funds are withdrawn for reasons other than qualified medical expenses, the amount withdrawn will be included as taxable income, and is subject to a 10% penalty.