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Disclosure
All references to tax savings are at a federal level. State taxes vary. Please consult your tax adviser.
The Simple Health Savings Account (HSA) is designed to be just that: simple, inexpensive and easy to manage. It offers the features you want to conveniently pay for eligible medical expenses to manage your account, while paying interest on the balance.
With a monthly direct deposit or by maintaining a minimum daily balance of $300 or more, there’s no monthly maintenance fee. Otherwise the fee is $5.
View Sandy Spring Bank’s HSA Rates
An HSA can only be opened in a branch or by phone 800.399.5919.