Security
Your high deductible insurance and HSA
protect you against high or unexpected medical bills.

Affordability
You should be able to lower your
health insurance premiums by switching to health
insurance coverage with a higher deductible.

Flexibility
You can use the funds in your account to
pay for current medical expenses, including expenses
that your insurance may not cover, or save the money in
your account for future needs, such as:
• Health insurance or medical expenses if unemployed
• Medical expenses after retirement (before Medicare)
• Out-of-pocket expenses when covered by Medicare
• Long-term care expenses and insurance

Savings
You can save the money in your account for
future medical expenses and grow your account through
investment earnings.

Control
You make all the decisions about:
• How much money to put into the account
• Whether to save the account for future expenses or
pay current medical expenses
• Which medical expenses to pay from the account
• Which company will hold the account
• Whether to invest any of the money in the account
• Which investments to make

Portability
Accounts are completely portable,
meaning you can keep your HSA even if you:
• Change jobs
• Change your medical coverage
• Become unemployed
• Move to another state
• Change your marital status

Ownership
Funds remain in the account from year to
year, just like an IRA.
There are no “use it or lose it” rules for HSAs.

Tax Savings
An HSA provides you triple tax savings:
(1) tax deductions when you contribute to your account;
(2) tax-free earnings through investment; and,
(3) tax-free withdrawals for qualified medical expenses.

If you have a general question about First Bank & Trust Company you can email us at info@firstbank.com.

If you have specific questions regarding your account, please contact your branch directly. You can find the branch email addresses and telephone numbers by choosing your branch from the above selections.

For more information, visit www.treas.gov