NOTICE: First Bank & Trust is not responsible for and has no control over the subject matter, content, information, or graphics of the websites that have links here. Please contact us with any concerns or comments.
Health Savings Accounts
We are now offering HSAs for individuals covered by high deductible health plans (HDHP) and who are not covered by Medicare A or B. Set up as a NOW (checking) account, contributions and withdrawals are made at the discretion of the accountholder.
The accountholder may write checks, use a debit card or make a Bill Payment through FirstBank Express—distributions will be reported as eligible medical expenses.
The IRS website: www.irs.gov/publications/p969/ar02.html will provide all the information you need to determine if this is right for you—or contact your accountant or tax preparer. Then, contact one of our Personal Bankers for more information or come on in and open your account.