Health Savings Accounts

A tax-exempt account to pay medical expenses Health Savings Accounts

A Health Savings Account (HSA) is a tax-exempt account established exclusively for the purpose of paying or reimbursing qualified medical expenses.

It allows individuals with a qualified "high-deductible health plan" (HDHP) to put money into an account for future medical expenses. This account can provide tax savings, along with peace of mind.

There are eligibility requirements and contribution limits to be considered. An informational brochure is available at any Northwestern Bank location. You may also call or email to request a brochure to be sent to you.

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