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Attract and retain high-performing employees by providing them with health benefits to match.

Key Features

  • Competitive Interest
  • No "Use it or Lose It" Policy
  • Tax Advantages1

Employee Details

  • Greater personal control over healthcare management and expenses
  • Prepare for qualified medical expenses
  • Earn competitive interest on entire balance
  • Make tax-free withdrawals for qualified medical, dental, vision expenses, and more1
  • Accessibility to funds2
  • Additional personal contributions may be made, tax-free
  • Unused funds remain in account
  • Keep your HSA in your name, regardless of career or life changes
  • Federally insured by FDIC
  • $25 service charge applied if no withdrawals or contributions made within a calendar year
  • No minimum deposit to open

Company Details

  • Provide great benefit to employees
  • Helps retain and attract good employees
  • Contributions are tax deductible1
  • Reduced insurance premiums
  • Little administrative burden

Qualified Medical Expenses

  • Doctors Visits and Care
  • Dental Visits and Care
  • Hearing Visits and Care
  • Qaulified Perscriptions
  • Qaulified Health Premuims over the age of 65
  • Qualified Health Premuims due to unemployment
  • Qualified Travel Expenses

Please contact your tax advisor for further qaulified tax advantages and benefits or for more information, please visit the IRS website.

Most adults under 65 who are not enrolled in Medicare and are covered under a high-deductible health plan (HDHP) can qualify for an HSA, but it is up to the account holders to determine their own eligibility. 

  • Must be 18 years of age or older.
  • Must be covered under a qualified high-deductible health plan (HDHP) 
  • 2022 Minimum HDHP deductbile requirements
    Single - $1,400
    Family - $2,800
  • May not be covered under any health plan that is not a qualified HDHP

Please contact your tax advisor for further eligibility requirements or for more information, please visit the IRS website.

Limit on contributions are set by the IRS and may change year-to-year. The amount you or any other person can contribute to your HSA depends on your age, the date you become an eligible individual, and the date you cease to be an eligible individual. Contribution limits vary for self-only HDHP coverage and family HDHP coverage.


2022 Limits

MAXIMUM CONTRIBUTION
Single - $3,650 ($4,650 if age 55 or older)
Family - $7,300 ($8,300 if age 55 or older)

MINIMUM HDHP DEDUCTIBLE
Single - $1,400
Family - $2,800

MAXIMUM HDHP OUT-OF-POCKET EXPENSE LIMIT
Single - $7,050
Family - $14,100

Please contact your tax advisor for further eligibility requirements or for more information, please visit the IRS website.

Samantha Bottko

Samantha Bottko

Customer Service Specialist

Email Samantha
Main Office: Battle Lake
Joined FNB in 2014

Heidi Hansen

Heidi Hansen

Customer Service Specialist

Email Heidi
Main Office: Henning
Joined FNB in 2016

Becky Geyer

Becky Geyer

Customer Service

Email Becky
Main Office: Ottertail
Joined FNB in 2020

1When used for qualified medical expenses. Consult a tax adviser. Qualified expenses include most medical care and services, dental and vision care, weight loss programs, some over the counter medications, mileage, and more.

2You can withdraw funds at any time for any purpose. However, if funds are withdrawn for reasons other than qualified medical expenses, the amount withdrawn will be included as taxable income, and is subject to a 10% penalty tax.

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