Personal
Health Savings Account

Health Savings Account

Save for healthcare costs today and in the future.

Open an HSA

Why Choose an HSA?

An HSA combines tax advantages with practical ways to save and pay for qualified healthcare expenses.

Tax-Deductible Contributions

Your contributions may be tax-deductible, up to annual IRS limits.

Tax-Free Employer Contributions

Employer contributions, if offered, are tax-free.

Tax-Free Qualified Withdrawals

Use HSA funds tax-free for a wide range of qualified medical expenses.

No “Use It or Lose It” Rule

Unused funds roll over year after year and can continue growing tax-free.

Keep Your HSA With You

Change jobs, cities, or financial institutions, and your HSA goes where you do.

More Freedom After 65

After age 65, you can use HSA funds for non-medical expenses without penalty.

HSA Eligibility

Your health coverage and tax status affect HSA eligibility. Use the table below as a quick guide.

Age 18 or older

Age 18 or older
Covered by a qualifying HDHP

Covered by a qualifying HDHP
Covered by Medicare

Covered by Medicare
Covered by a non-HDHP health plan

Covered by a non-HDHP health plan
Claimed as a dependent on someone else’s tax return

Claimed as a dependent on someone else’s tax return

Eligible Individual HSA

Age 18 or older
Covered by a qualifying HDHP
Covered by Medicare
Covered by a non-HDHP health plan
Claimed as a dependent on someone else’s tax return

Eligible Family HSA

Age 18 or older
Covered by a qualifying HDHP
Covered by Medicare
Covered by a non-HDHP health plan
Claimed as a dependent on someone else’s tax return

HSA Account Basics

$1 Minimum to Open

$300 Minimum to Earn Dividends

$5 Monthly Fee

Use Your HSA Visa® Debit Card

Pay for qualified medical expenses directly with your First U.S. HSA Visa® debit card.

Use your chip-enabled, contactless card at doctors, pharmacies, dentists, and other providers
Track transactions with eAlerts
Keep receipts for HSA purchases and withdrawals

2026 Contribution Limits

Each year, the IRS publishes updated guidance on plan contributions and limits.

Individual

Individual
Family

Family

Contribution Limits

Individual

$4,400
Family

$8,750

55+ Catch-Up Contribution Limit

Individual

$1,000
Family

$1,000

Min. Annual Deductible

Individual

$1,700
Family

$3,400

Max. Out-of-Pocket Spending

Individual

$8,500
Family

$17,000

Want to save even more in 2027? The IRS has announced next year’s limits. Learn more

See our HSA rates.

See all rates.

Health Savings Account (HSA)
APY*	Rate	Minimum Balance to Open	Minimum Balance to Earn Dividends
*APY = Annual Percentage Yield. Rate = Dividend Rate. Rates and terms effective November 12, 2026 and are subject to change without notice. You must be covered under a qualified High Deductible Health Plan (HDHP) to open an HSA. Keep receipts for all HSA debit card purchases, as withdrawals must be for qualified medical expenses. Consult your tax advisor regarding specific tax situations.
APY* 0.10%	Rate 0.100%	Minimum Balance to Open $1	Minimum Balance to Earn Dividends $300

Ready to open your HSA?

Open your account

Open online

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In branch

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HSA FAQ

You must be at least 18 years old and covered by a qualifying High Deductible Health Plan (HDHP). You cannot have Medicare, another non-HDHP health plan, or be claimed as a dependent on someone else’s tax return.

An HSA offers tax advantages, lets unused funds roll over year after year, and remains with you if you change jobs, move, or switch financial institutions. After age 65, you can also use HSA funds for non-medical expenses without penalty.

No! There’s no “use it or lose it” rule. Unused funds stay in your HSA and can continue growing tax-free until you need them.

Your HSA is yours to keep. Changing jobs, moving, or switching financial institutions does not mean giving up the funds in your account.

See All HSA FAQs

Let’s keep going.

Savings

Build savings for short-term needs, unexpected expenses, or future plans with a First U.S. savings account.

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Certificates

Earn a fixed rate for a set term and give your savings a predictable way to grow.

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Disclosures

You must be covered under a qualified High Deductible Health Plan (HDHP) to open an HSA. Keep receipts for all HSA debit card purchases, as withdrawals must be for qualified medical expenses. Consult your tax advisor regarding specific tax situations.