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Health Savings Account

 

Earn interest and pay for qualified medical expenses.

Designed for individuals who participate in a high-deductible health insurance plan1

 

Tax-free distributions are used to pay for qualified medical expenses, and balances automatically roll forward year-to-year2.

 

 

Parents playing with young child on living room floor. Parents playing with young child on living room floor.

Advantages of Health Savings Account

 

  • Earns interest on minimum daily collected balance of $1,000 and above
  • Unlimited debit card access
  • Free myTrustmark® online and mobile banking3
  • No charge for first 5 checks written per month; $1 per check written over 5 per month
  • Minimum to open $100 plus one-time set-up fee of $20
  • No monthly maintenance fee with minimum daily collected balance of $1,000 per statement cycle; otherwise $4 per month

1 Sole owner accounts only

2 Distribution and Contribution limits apply

3 Your mobile carrier's messaging and data fees may apply