| Are
you looking for a High Deductible Health Insurance
plan for your Health Savings Account? First
American Bank offers a great way to save for your health care
deductible, while taking advantage of tax savings. Anyone is eligible
for a First American Bank HSA regardless of the state in which they reside, as
long as you have a High Deductible Health Plan
and meet the IRS requirements. First
American Bank offers two types of HSAs: - Their
standard Health Savings Account is a free account* which
pays interest based on the balance in the account. You can view current
rates on their website.
- Their
Health SavingsPLUS Account offers all of the benefits of
their Health Savings Account, but allows you to invest a portion of your
HSA account in a selected group of mutual funds.
Take
a look at a head-to-head comparison of both account types:
Visit the First
American Bank website for detailed account and signup information
*A $3.00 monthly fee will
be charged if the customer elects to receive a paper statement.
The fee will be waived if; 1) the customer elects to receive eStatements
only; or 2) a combined minimum average daily balance of $2,000 is maintained between
the checking portion of the Health Savings Account and an associated checking,
NOW, savings or money market account. Disclaimer:
The information listed above is current to best of our knowledge.
Please visit this administrator's web site or contact them directly to confirm
you have the most current information available. HSA
for America is an independent health insurance agency specializing
in high deductible health plans qualified to work with health savings accounts.
We provide a list of recommended HSA administrators as a service to our visitors
and customers. We are NOT an administrator ourselves. If you
have a question for a specific administrator, please contact them directly. For
a list of the administrators we recommend, please visit our HSA
Administrators page. For
information on how to get instant quotes and choose a plan that is qualified to
work with a health savings account, please visit our "How
To" Guide page. | 
