Health Savings Accounts (HSAs)

Put rising healthcare costs into perspective

Medical insurance goes only so far these days. Gain peace of mind and control with a health savings account (HSA) that offers these benefits:

  • Tax savings, such as deductible contributions and tax-free distributions when used to cover qualified medical expenses
  • Automatic rollovers if the account balance isn’t spent in one year
  • Eligibility after age 65 even if you enroll in Medicare

Enjoy the convenience of accessing your funds with an HSA debit card, which can be used wherever MasterCard is accepted. It's much easier to use than writing a personal check, and transactions are automatically tracked on your statement.

Consult a tax or legal professional before opening an HSA account or contact Bank of Sun Prairie for more information.

Locations & Hours Financial Education

Health Savings Account Rates**

Comparison table of Health Savings Account Rates**
Account Type Minimum Opening Deposit Interest Rate Annual Percentage Yield (APY)
Individuals $100 0.400% 0.400%
Some content requires Adobe Acrobat Reader to view.