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Health Savings Account
Easy to Open & Get Started
Benefits of an HSA
Tax Savings
Pretax dollars fund your HSA, saving you money.
Interest Bearing
You can earn interest on your HSA funds.
Balance Carryover
Your HSA funds roll over and accumulate year-to-year.
Convenience You Can Count On
Seven convenient locations that are ready to serve you
Local people that answer the phone when you need them
Mobile and online banking at your fingertips
The Benefits of Opening Your HSA with Savings Bank of Walpole
Issue automatic payments through Bill Pay
Free Instant Issue Debit Card
No Minimum Balance Requirement
FAQ
Questions & Answers
If you have a high-deductible health insurance plan, you should also have a Health Savings Account (HSA).
With an HSA, your employer is able to deduct a pretax dollar amount you specify and it’s directly deposited into your HSA account. Annual contribution limits apply.
If you have a high-deductible health insurance plan, you should also have a Health Savings Account (HSA). With an HSA, you may qualify to make contributions that are tax-deductible or your employer can make pre-tax contributions directly from your paycheck and direct deposited into your HSA account. The funds roll over year to year. Transactions or distribution are required to be used or payback qualified medical expenses. Refer to a tax advisor or consult with IRS Publication 969.
The funds roll over and accumulate year-to-year.
Your HSA can be transferred from job to job or institution to institution.
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Call our friendly team at 877-925-7653
Don't Take Our Word For It
See what your friends and neighbors are saying!
A friend who is new to the area recently asked me if I could recommend a local bank, and I found myself going on and on about how incredible SBW is. I never thought I'd be so enthusiastic about a financial institution, but here we are.
Mark R., Keene
SBW Customer since 2011