Business Health Savings Accounts
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Health Savings Account |
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Ideal if you're looking for... | A tax-free savings account for medical expenses when used with a High Deductible Health Plan |
How is interest determined? |
Variable Rate, Compounded Daily, Paid Monthly Based on tiers: $25,000 or more $10,000-$24,999 $5,000-$9,999 $0-$4,999 |
What is the minimum balance to avoid fees? |
$0 for the first year $200 after the first year |
Will I be charged a monthly maintenance fee if I fall below the minimum? |
Yes. $4 fee |
Any other charges? |
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What is the minimum to open the account? |
$0 |
Are there any transaction limits? |
No.
Unlimited transactions
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