Keep your Health Savings Account in a convenient place! We offer Health Savings Accounts for customers with a compatible high deductible health plan, handle the IRS reporting, and give you the perks of seeing that account with your online/mobile banking.
How HSA's Works:
Health Savings Accounts work like a regular checking account and you can use a check or debit card to pay for qualified medical expenses. The funds in the account continue to grow tax-free, year after year.
- Competitive interest rates
- Local service
- Free HSA debit card
- Check writing (first box free)
- Monthly statements
- Year-end reporting for tax purposes
High Deductible Health Plans:
Single Coverage
2021 minimum annual deductible: $1,400.00
2021 maximum annual out-of-pocket expenses: $7,000.00
2021 maximum contributions: $3,600.00
2022 minimum annual deductible: $1,400.00
2022 maximum annual out-of-pocket expenses: $7,050.00
2022 maximum contributions: $3,650.00
Family Coverage
2021 minimum annual deductible: $2,800.00
2021 maximum annual out-of-pocket expenses: $14,000.00
2021 maximum contributions: $7,200.00
2022 minimum annual deductible: $2,800.00
2022 maximum annual out-of-pocket expenses: $14,100.00
2022 maximum contributions: $7,300.00
HSA Catch-Up Contributions
2021 Age 55 and older: $1,000.00
2022 Age 55 and older: $1,000.00
Meet Our Banking Pro!
Cheryl Doocy
Personal Banker
(320) 335-5805 | cheryl.doocy@fnbosakis.net
Osakis Area Native | Fitness Junkie | Wife | Mom | Farm Girl
As your Personal Banker, I look forward to helping guide you to the most beneficial products to optimize the health of your financial future!
"There is more mercy in Christ than sin in us." - Richard Sibbes