Citizens Bank® HSA

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HSA Solution Profile: Chelsea

Chelsea contributes $200 a month pre-tax to her HSA. She also deposited $950 into her HSA this year. She can take the $950 as a federal tax deduction and has $3,350 to use on qualified medical expenses. Any money Chelsea does not use this year will automatically roll over and can be used next year.

Chelsea's HSA Savings
 
 $2,400Pre-Tax Payroll Contribution
+$950Tax-Deductible HSA Contribution
  
=$3,350Money for Medical Expenses

Sample illustration. Your results and savings will differ.

 
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