The Insurance Store

Corporate Headquarters
P.O. Box 365
Clatskanie, OR 97016
Toll Free: 800-440-2838
Direct: 503-728-2675


	Health Savings Account

With a Health Savings Account (HSA) plan you get more than complete major medical coverage – you get premium savings and tax advantages that translate into extra money in your pocket! Invest those extra funds in your HSA and they are tax deductible. Let your funds gain interest and its tax free. Withdraw the funds to pay for qualified expenses like medical expenses, eyeglasses, braces, alternative care and chiropractic and they are tax free. Leave your funds in your HSA and it works like an IRA – only better! Ask me about the many benefits of a HSA and learn how easy it is to start and maintain this unique tax favored account.

A HSA gives you an advantage in saving for future health care expenses. Authorized by federal legislation, HSAs have been called the “medical IRA” because they offer tax advantages on contributions, interest, and qualified withdrawals.

If you have a qualified high deductible medical plan you can use a HSA to get:

Greater control over your health care dollars. You withdraw your funds when you need them. Withdrawals are tax free and penalty free when made for qualified expenses .
Funds for a broader range of health care services.
- Pay for covered medical expenses that apply toward your deductible.
- Pay for qualified medical expenses that your health plan does not typically cover (click here for an example).
Tax advantages. Contributions are tax deductible and earnings and qualified withdrawals are tax free!
New 2007 Rule Changes!. Compare last years rules with this years.. Lots of nice things have happened! (click here to view).
Advantages in retirement. At age 65 accumulated funds can also be withdrawn for medical expenses not covered my Medicare – tax free!

If you still have questions call and talk to me or click here to view a Q&A!