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Health Savings Account

Put money aside for your health.

A Health Savings Account (HSA) can help you stay on top of healthcare costs while providing tax-free savings.

Better manage medical expenses with a HSA

Schedule an appointment at one of our branches to apply for an account and benefit from the following features:

  • No monthly or annual service fees
  • No required minimum balance
  • End of year balance can be carried over to the next year1
  • Free Visa® Debit Card
  • Free checks

COVID-19 Update: Congress recently passed the CARES Act to help combat the economic effects of COVID-19. The CARES Act allows prior year HSA contributions to be made until July 15, 2020.

Product Rate APY2
Health Savings Account 0.40% 0.40%

Schedule an Appointment

HSA Eligibility

To be eligible for a Health Savings Account, you must match the following requirements:

  • You are covered by a High Deductible Health Plan (HDHP)3
  • You have no other health coverage except what is permitted under “Other health coverage,” listed on IRS.gov
  • You are not enrolled in Medicare
  • You are not claimed as a dependent on another person’s tax return

Tax Advantages with an HSA

  • Make tax-deductible contributions to your account4
  • Pay your medical expense with tax-free HSA withdrawals.

Qualified Medical Expenses

Make tax-free withdrawals from your Health Savings Account to pay for qualifying medical expenses. This covers most medical, dental and vision expenses as permitted under federal tax law. Complete information on Health Savings Accounts can be found at the U.S. Department of Treasury HSA Resource Center.

Your new account with Landmark will include free checks and a free Visa® Debit Card, making it easy to access your funds for payments.

Compare a HSA with a Traditional Health Plan

Plan for future health expenses and use our calculator to determine the possible savings.

Online Banking

Keep track of your Landmark Health Savings Account with Online Banking.

Open a Health Savings Account Today!

Schedule an Appointment

1 Barring any excess contributions, this amount rolls over to the next year, tax-free (state taxes may vary).

2 APY is Annual Percentage Yield. Rates and APYs are variable and subject to change.

3 High Deductible Health Plan. For calendar year 2020, a “High Deductible Health Plan” is defined under § 223(c)(2)(A) as a health plan with an annual deductible that is not less than $1,400 for self-only coverage or $2,800 for family coverage, and the annual out-of-pocket expenses (deductibles, co-payments, and other amounts, but not premiums) not to exceed $6,900 for self-only coverage or $13,800 for family coverage.

4 HSA contribution limits for single coverage 2020: $3,550 and 2019: $3,500. Family coverage 2020: $7,100 and 2019: $7,000. Add $1,000 for age 55 or older. Consult a tax advisor regarding tax deductibility.

Routing Number: 275079714
NCUA Equal Opportunity Housing
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