Health Savings Accounts
Health Savings Accounts (HSAs) provide a tax-advantaged way to save for qualified healthcare expenses, both now and in the future. Designed to work alongside eligible high-deductible health plans, HSAs can help you prepare for expected medical costs while building savings for future healthcare needs.
When an HSA May Be a Good Fit
- Looking for tax-advantaged savings for healthcare expenses
- Planning for both current and future medical costs
- Wanting to maintain healthcare savings when changing jobs or health plans
- Preparing for unexpected healthcare expenses with dedicated savings
What Working with SBT Looks Like
An HSA is opened in your name when you are enrolled in a qualifying high-deductible health plan. Contributions can be made throughout the year, up to IRS contribution limits, and funds can be used for eligible healthcare expenses.
- Tax-advantaged savings for qualified medical expenses1
- Funds remain yours, even if you change employers or health plans
- Unused balances stay in the account and continue to be available for future healthcare needs
- Easy access to funds when eligible healthcare expenses arise
Important Information
- No Setup Fee
- Interest Earned Monthly with a Tiered Rate
- Free 1st Debit Card
- 2nd Debit Card $15.00 Annual Fee
- Free Online Statements
- Free Online Access
- Minimum Opening Balance $50
- Semi-Annual Maintenance Fee $5
Maximum Contributions
| HSA Type | 2026 | 2025 |
|---|---|---|
| Single HDHP | $4,400 | $4,300 |
| Family HDHP | $8,750 | $8,550 |
Questions about HSAs?
A conversation with our team can help you understand how a Health Savings Account may fit into your healthcare strategy and overall financial goals.
1If you’re 55 or older, you can deposit additional funds each year to help your account "catch up" before retirement. The maximum annual catch-up contribution is $1,000.
