Health Savings Account (HSA)

Who is eligible for an HSA? Any individual who:

• Is covered by a high-deductible health plan
• Is not covered by other health insurance
• Is not enrolled in Medicare
• Can't be claimed as a dependent on someone else's tax return (children cannot establish their own HSAs)

Paducah Bank Health Savings Account Requirements

• No enrollment or annual fees if your employer has a relationship with Paducah Bank.
• Funds remain in account until used.  No need to spend your funds before year-end like with a FSA.
• Your employer can also contribute to your HSA.