Set up your HSA AccountOnce your American Republic HSA-qualified health plan is effective, setting up your HSA account is easy. - Simply determine whether you want to open your HSA Account with
Health Equity® or another financial institution of your choice. - Immediately establish your account with at least the minimum contribution. Then determine how you want to fund your account ongoing.
Fund your HSA Account - Put money into your account when you need it – like when you have a doctor bill to pay - then pay your doctor from the account. OR…
- Put money in your account regularly, so it's there when you need it.
- In 2010, you can contribute up to $3,050 annually for yourself, $6,150 for your family.
If you are between the ages of 55 and 65, you can contribute or "catch up" an additional amount of $1,000 in 2010. Find out additional information regarding HealthEquity®  *As always, please consult your tax advisor regarding tax deductibility. This outlines the advantages of HSAs and health insurance plans that are HSA-qualified in general, and does not constitute tax advice.
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