- Basic Savings, Premium Rate: Check Out Our RED HOT Savings Plus Rate!
- FDIC Insurance: More Substantial Than You May Realize
- FDIC Insurance protection up to $50 million: We're a member of the CDARS Network!
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- Guaranteed Protection Against Identity Theft. Check this out!
Health Savings Accounts (HSAs)
HSAs are ideal for the self-employed, small business owners, employees of small businesses and individuals who are ineligible or unable to afford employer provided coverage. If you’re covered by a high-deductible health care plan, you’re eligible!
Advantages of HSAs:
- Opportunity to Lower Health Insurance Premiums
- Contributions May Offer Tax Advantages*
- Unused Amounts May be Carried Over to Subsequent Years
Advantages of SussexBank HSAs:
- Just $50 to Open
- No Set Up Fees
- No Monthly Fees
- No Activity Fees
- No Debit Card Fees (But remember, a fee may apply when using your card at ATMs operated by other institutions or stores for debit purchases.)
- A tiered interest rate structure, paying higher rates on interest as savings accumulate.
- Easy access with a special, SussexBank HSA Debit Card
- Easy to transfer an existing account from another institution
To learn more about the advantages of establishing an HSA relationship with SussexBank, contact us today. Or for more information on HSAs, visit us at www.sussexbankhsa.com.
*Be sure to consult your health insurance carrier and/or your tax advisor regarding HSA eligibility and other account guidelines (such as qualified medical expenses, tax deductibility, etc.). An average daily balance of $1,000 each month is required to earn interest, and a $25 fee applies on all closed accounts. Interest rates are subject to change.
