HSA OVERVIEW

The premise behind a Health Savings Accounts is to combine a qualified High Deductible Health Plan (HDHP) with a tax-favored Health Savings Account (HSA). The idea is having this result in having affordable health care premiums, while taking a reduction in your taxable income.

Health Savings Accounts are truly the "Triple Tax Play".

• Tax-Deferred Growth
• Tax-Free Withdrawals
• Tax-Deductible Contributions

There are "TWO" simple parts to an HSA:

Home Federal Bank knows HSA's are a great way of paying for health care and saving money. We not only help others enjoy the benefits of our HSA product but our employees use this product making it easier to provide customer service through a passion of personal experience.

*These resources are to serve as a quick reference and are provided to you with the understanding that Home Federal Bank is not engaged in rendering tax advice. Health Savings Accounts provide several tax advantages, therefore, as a courtesy Home Federal is providing you this information. If tax advice is required, you should seek the services of a competent tax professional.