Health Savings Accounts
To Your Health!
Save and spend smarter when you use a health savings account (HSA).
HSAs allow you to pay for current health expenses and save for future qualified expenses on a state and federal income tax-free basis. You can spend these funds on yourself, your spouse or your dependent children.
Ladysmith Federal’s HSA Benefits
- Earn interest on your balance
- Minimum balance to open: $50
- Monthly fee: $5 (if the daily balance drops below $50)
- Free ATM/debit card
- Free checks
- Unlimited check writing