Cattle Bank & Trust is pleased to offer you the No Bull Health Savings Account (HSA). Our straightforward solution is designed to meet your HSA needs in a way that allows you to get on with managing your health care dollars. No Bull Health Savings Accounts (HSAs) are designed to work in conjunction with people with qualified, high-deductible health plans. They are a great way to save for health care expenses, with the added benefit of excellent tax savings and reduced health care costs.
The contributions and earnings are tax-free. At the same time, premium expenses can be reduced by 20-40% with a switch to a high-deductive health plan (HDHP).
Qualified medical expenses are paid with tax-free distributions from the HSA. This account has many of the same benefits as the Archer Medical Savings Account (MSA) but without the restrictions!
|Monthly Maintenance Fee||$0.00*|
|Account Opening Fee||$20.00|
|Account Closing Fee||$0.00|
* No monthly fee on balances $500 and over, $3 monthly fee on balances less than $500.