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Health Savings

Open a Health Savings Account

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Features

  • Tiered interest rate is based on balances (see a bank representative for latest rates)
  • Debit Cards Instantly Issued
  • No monthly service charge
  • E-Statement or mailed paper statement

Benefits

  • Pay qualified medical expenses with an Andrew Johnson Bank debit card
  • Qualified expenses are tax-free
  • There are limitations on how much you can contribute each year, so please check with your tax advisor or accountant

Requirements

  • $100 required to open the account
  • Must have a high-deductible healthcare plan (HDHP)
  • Not enrolled in Medicare

 

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