Individuals and businesses alike understand the need to proactively manage two of their most pressing costs – health care expenses and tax liability. A MidWestOne Bank Health Savings Account (HSA) may be the solution for you. A tax advantaged FDIC-insured account, an HSA is an attractive option for consumers who subscribe to a High Deductible Health Plan (HDHP) and for employers who offer these plans.
A Health Savings Account, or HSA, can help you pay for qualified medical expenses and combat increases in health insurance costs. There are tax advantages, and contributions may be made by you, your employer, or anyone else, up to your maximum contribution limit.
|$100,000.00 and above||0.15%|
|Monthly Maintenance Fee||$2.00|
|Account Opening Fee||Unknown|
|Account Closing Fee||$25.00*|
* If closed within 6 months of opening
|Website||MidWestOne Bank's HSA Website|
|Address||102 South Clinton Street
Iowa City, IA 52244
|Mailing Address||PO Box 1700
Iowa City, IA 52244-1700