What is a Simple Health Savings Account?
The Simple HSA was designed with convenience and simplicity in mind to ensure your employee’s HSA is easy and inexpensive to manage. It offers all the features they need to conveniently pay eligible medical expenses and easily manage their account, while paying interest on the balance.
With a Simple HSA, employees can:
- Make purchases with their HSA Debit MasterCard®
- Access their account online 24/7 with BankXpress
- Keep track of transactions
With monthly direct deposit there is no monthly maintenance fee. Plus employees have access to our ATMs to reimburse themselves for qualified medical expenses with no surcharges.
Apply Now or Learn More about Sandy Spring Bank’s Health Savings Accounts:
- Please call: 800-399-5919, press 2, 5.
- View Sandy Spring Bank’s HSA Rates.
*All references to tax savings are at a federal level. State taxes vary. Please consult your tax advisor.