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Free HSA Account?
originally posted: 11/22/2006
reposted: 2/18/2011 This post has not
been recently reviewed or revised by the author and may be out of date.
If you notice an error or are in doubt, please send a new question by
email or ask for an update. Email asktony@tonynovak.com.
Q: I read that the only free
Health Savings Accounts without fees required a specific company's
health insurance. Is that the case with the First American Bank HSA?
A: No, this has changed. First
American Bank now offers a free interest-paying HSA account with basic
features to anyone with a qualifying insurance plan from any insurance
company. The account is available in all 50 states and DC though online
enrollment. This is an interest-bearing account only; no securities are
offered. Statements are provided online. If you need paper statements
by mail, there is a $3/month fee. Otherwise this is the best deal
available for an HSA now.
Summary
More resources:
www.healthsavingsaccount-hsa.com
