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Friday, June 29, 2012

Savings Account for Health

The Health Savings Account (HSA) provides you a tax-advantaged account which allows you to save money for your future. It helps you to manage your account for medical and health care expenses. As long as your medical expenses are qualified for HSA rules, it can cover most of the fees included. And you can keep if for many years even if you get a new job or change your health plans.

Setting up a Health Savings Account is a sensible, convenient, fairly simple way for you to save for medical expenses via the tax-advantaged account. By using HSA, it will be easier for you to deduct extra fees and also, special privileges will be offered. Managing your medical plans will also be much less troublesome for the HSA always keeps you updated even if you have changed your job or health plans.

The Bank of America, also known as BAC, was initially founded in 1904. It provides its customers with various banking and financial services and is also the largest bank in America. The Health Savings Account is one of its financial programs designed for customers for better account management.

Instruction

  1. Visit the Resource, click “Continue” when you see “Open an Individual HSA” located in the bottom right corner.
  2. Enter your applicant information, personal information, and then create your user ID.
  3. Confirm the terms and conditions, check the applicant verification.
  4. If there is any question, please visit the FAQ.

Resource

Open an HSA Account

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