Health Savings Accounts (HSAs) are tax-advantaged accounts that work with a high deductible health plan. They provide a flexible way to pay for current health care expenses and to save for future qualified medical and retiree health expenses on a tax-free basis. ASB offers both individual and family Health Savings Accounts.
Interest is earned using the daily balance method. This methods applies a daily periodic rate to the entire principal in the account each day. Interest is credited monthly.
For more information or to open your ASB Health Savings Account online visit www.asbhsa.com
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