Health Savings Account

Take charge of your health care with a Health Savings Account from Adirondack Bank.

A  Health Savings Account (HSA) in conjunction with a high-deductible health plan (HDHP) is a new way to lower your health care costs. It's a tax-advantaged account that can be used to pay for day-to-day eligible medical expenses. Your HSA is also an excellent way to save for retirement as the money in your account continues to grow tax-free, year after year.

Reasons to open a Health Savings Account today:

  • Freedom of choice over your health care decisions
  • Long-term savings
  • Tax savings
  • Interest earnings
  • Stays with you - fully portable

Your HSA works just like a regular checking account. You can either write a check or use your debit card to pay for qualified medical expenses. Statements can be mailed or viewed online, and you'll receive a year-end report for tax purposes. Your account features:

  • A Prepared Savings Plan
  • Control over your Healthcare
  • Stays with you into Retirement
  • Monthly e-Statements
  • Earn Interest
  • Year-End Report


To open your Health Savings Account, contact us today.

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