New Ulm Chamber of Commerce

Hot Deal

HSA Campaign
Why spend more on health insurance premiums? Earn with an HSA!

Earn up to 2.00% APY

About HSAs

A Health Savings Account (HSA) is available if you have

a high deductible health plan (HDHP). You can save

money in your HSA account before taxes, your money

grows tax free, and you can make tax-free withdrawals

for qualified medical expenses. After age 65, you can

also withdraw for non-medical expenses without

penalty (taxes will apply for that type of withdrawal).

Our HSA Features:

• No balance requirements

• Balances carry over year to year

• Contributions stay in place even with a job change

or retirement

  •  Easily open your HSA online!


HSA Balance            Annual Percentage Yield (APY)*
$0- $9,999                    .50%
$10,000 - $19,999        1.25%
$20,000 +                     2.00%

 

Eligibility:

Anyone enrolled in an HSA-qualified health plan is

eligible to open a Health Savings Account
 

*Annual Percentage Yields (APYs) effective as of 10/1/2019 and subject to change

without notice. Contribution limits and restrictions apply. Fees may reduce earnings.

Consult a tax advisor to discuss your financial situation.

For more information contact

888.902.5662 or visit bankmidwest.com to open online https://www.bankmidwest.com/bank/personal/savings/

Contact Information
phone: (507) 354-8813
Offer Valid: October 1, 2019December 31, 2019
New Ulm Area Chamber of Commerce