Why choose United Republic Bank for your HSA? Your employees pay no penalties or taxes when they use their HSA to pay for qualified medical expenses.They should consult their tax advisor to discuss their tax status. Your employees accrue interest on a tax-free basis.Your employees may be able to deduct 100% of HSA contributions from their taxable income.Having a high-deductible HSA-eligible health insurance plan typically has a lower premium than a plan with a lower deductible.Health Savings Accounts Who Can Have One?Īnyone under the age of 65 who is covered by a High Deductible Health Plan (HDHP), who has no other general health coverage, is not enrolled in Medicare and can't be claimed as a dependent on someone else's tax return is eligible to open a Health Savings Account. Create and manage mobile application text and email alerts.Substantial penalty may be be assessed upon early withdrawal of CD funds prior to maturityĦ Free withdrawals monthly $5.00 each thereafterīoth of our money market accounts also include the following convenient features: $3 monthly fee if balance falls below minimumģ Free withdrawals monthly $1.00 each thereafter Minimum Daily Balance to Avoid Service Charge You’ll have 24/7/365 access and total control over your business finances. we’ve got your business covered.Īdd even greater convenience when you combine with our business online banking service. From a traditional savings account, to CDs and high-yield money market accounts. Our business savings accounts provide you with a great way to save while earning interest on your money.

We offer a variety of savings options to fit your business banking needs.

Running a business can be hard but saving money doesn’t have to be.

Cd rates for united bank