Health Savings Accounts

Core Bank offers solutions for employers who need a Health Savings Account to complement their employee health plan.

If your company’s group health benefit plan is a High Deductible Health Plan (HDHP), our HSA accounts can offer your employees a vehicle to manage their contributions.

 

Benefits (consult your tax advisor)

  • No minimum balance account option
  • Local community bank account means access and personalized service for you and your employees.
  • Contributions are tax deductible, reducing the tax exposure for both employer and employee.

 

Who is Eligible to Participate?

You are an eligible individual if you:

  • Are covered under an HDHP as defined by the IRS in Publication 969 at www.irs.gov
  • Are not entitled to benefits under Medicare
  • Are not able to be claimed as a dependent on another person’s tax return

 

Contact us to learn more about

Core Bank’s employer HSA solutions. Call 402 333 9100.