Many financial advisers recommend a Health Savings Account (HSA) as an excellent way to put aside money today to pay for medical bills you may face in the future — and enjoy tax-deductible contributions along the way.
ALEC offers two types of HSAs:
- Health Savings Account — features a competitive, fixed rate plus special conveniences.*
- Health Savings Certificate Account — comes with a higher fixed rate for a specified term.*
Both types of HSAs offer exceptional tax advantages, and HSA funds can be used tax-free to pay for qualified medical expenses.
To learn more about the HSA process, click on the link below that applies to you:
Already have an ALEC HSA? Manage it online in Retirement Central.
* All dividends are paid monthly based on the daily average balance. Rates subject to change monthly.