Health Savings Account (HSA) Your Partner in Health and Savings
Experience the Ascent Advantage
  • No Monthly Maintenance Fees: Say goodbye to extra costs. Our HSA keeps your savings intact.
  • No Minimum Balance Required: Start saving with any amount. Your financial journey is important, no matter how small.
  • Complimentary Debit Card: Access your funds easily with a debit card provided at no extra cost.
  • Free Bill Pay: Manage your medical expenses effortlessly with our free bill payment service.
Learn More About Health Savings Accounts

Why Use an HSA?

Health Savings Accounts offer a smart way to manage healthcare expenses. Here’s why you should consider an HSA:

  • Tax Benefits: Contributions are tax-deductible, earnings grow tax-free, and withdrawals for qualified medical expenses are not taxed.
  • Flexibility and Control: Use your HSA funds for a wide range of medical expenses. You decide how much to contribute and when to use the funds.
  • Portable: Your HSA stays with you, regardless of job changes.
  • Long-Term Savings: Unused funds roll over year to year, building a safety net for future healthcare needs.

Are You Eligible for an HSA?

To open an HSA with Ascent Bank, you need to meet the following criteria:

  • Enrollment in a High Deductible Health Plan (HDHP): HSAs are designed for those with HDHPs.
  • No Other Health Coverage: You shouldn't be covered by any non-HDHP health plan.
  • Not Enrolled in Medicare: If you are on Medicare, you are not eligible for an HSA.
  • Not Claimed as a Dependent: You cannot be claimed as a dependent on someone else's tax return.
Ready to Start Saving for Your Health?

Join the Ascent family today. Secure your financial future while taking care of your health.

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