Citizens Bank Health Savings AccountREBA is making available to our membership Health Savings Accounts (HSAs) through Citizens Bank. As a REBA member you can enjoy tax-advantaged savings: withdrawal of funds are tax-free from an HSA to pay for qualified medical expenses, you can deduct the amount of HSA contributions from your federal income taxes, whether or not you file an itemized return, and earnings on unused funds grow tax-free. With ever-increasing insurance premiums, firms are looking to a high-deductible health plan (HDHP) to reduce their current premiums and lower the year-over-year increases.
Citizens Bank Health Savings Account (HSA) is the perfect partner for your HDHP. With the Citizens Bank HSA you can begin today to save for and pay for your medical expenses. The HSA program offers online enrollment, account access with online bill payment and eStatements. To enroll in the Citizens HSA program or to access the HSA information portals Click Here.
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