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Health Savings Account (HSA)

The Health Savings Account is designed to help you pay for current and save for future qualified medical expenses on a tax-advantaged basis.

Health Savings Account (HSA) features

  • Contributions to your KeyBank Health Savings Account (HSA) can be made by you and/or your employer
  • Make tax-free withdrawals for qualified medical expenses once deposits are made into your HSA*
  • HSA remains in your control should you leave your current employer, relocate or become unemployed
  • Any unused health savings account funds at end of year are carried over into the next year and do not affect federal balance limits
  • Easily manage and track expenses with Key Bill Pay and monitor your healthcare savings account activity online through Online Banking
  • Interest compounded daily for the highest possible yields
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