Health Savings Accounts

Staying healthy is essential to living your best life. A Health Savings Account (HSA) allows you to set aside funds for future medical expenses, with tax breaks giving you even more money for medical, dental and vision care.

Use your HSA funds for everything from surgical needs to everyday vision expenses

Designed for people with high-deductible health insurance plans^1,²

Contributions can come from employers as well as individuals

Earn competitive interest on HSA balances

If you change jobs or stop working, your HSA funds stay with you

Put the focus back on staying well and getting healthy.

When you or a family member is seriously ill or injured, the last thing you want to worry about is paying the medical bills. With an HSA from Dime Bank, you'll feel better about your ability to afford the best care possible. For those with minimal medical needs, HSA funds can still be used for routine services, including dental fillings and annual eye exams.

Contribute up to $4,400 annually for individual coverage and $8,750 for family coverage
Individuals age 55-plus can make an additional catch-up contribution of $1,000
Annual HSA interest earnings are tax-exempt
All qualified HSA withdrawals are tax-free
Easily access HSA funds through Online and Mobile Banking, HSA debit card and checks
Any funds left in your account at the end of the calendar year can be rolled over to the following year
When you reach age 65, money left in your HSA may be used for any purpose – though you'll pay income taxes if funds are not used for medical care

A long list of care options

Among other things, Health Savings Account funds can be used for prescription medication, mental health counseling, long-term care insurance and chiropractic treatment.