Health Savings Account (HSA)

An easy, tax-advantaged way to pay for qualified medical expenses.

Start an HSA application to get an easy, tax-advantaged way to pay for qualified medical expenses. Sign in to my HSA

What’s a Health Savings Account?

If you have a high-deductible health plan (HDHP), a Health Savings Account (HSA) is a tax-advantaged personal savings account that can help you save money on out-of-pocket medical expenses like doctor visits, vision and dental care, and prescriptions. The Truist HSA solution is administered by McGriff Insurance Services, LLC, and over time offers investment options that can help your money go even farther.

Benefits

Why is an HSA a good fit?

  • Make tax-deductible contributions, up to the annual contribution limit.
  • Pay for qualified medical expenses with tax-free withdrawals.
  • Enjoy the convenience of Truist Benefits Access debit card.
  • Carry over funds in your HSA from year to year.
  • Keep your HSA even if you change jobs.

More control? You've got it.

You can contribute to an HSA pre-tax to help cover current and future medical expenses—and you’re in charge of where that money goes.

Learn how to use your HSA in the way that works best for you.

My HSA Planner to learn how to use your HSA in the way that works best for you.

Eligibility

To be eligible for an HSA, you must be covered by an HDHPfootnoteDisclosure 2. For 2025, generally, an HDHP is a health plan with these features:

  • A deductible of at least $1,650 for single coverage and at least $3,300 for family coverage
  • A maximum annual out-of-pocket expense limit for allowed costs not exceeding $8,300 for single coverage and $16,600 for family coverage

Also, you must not be:

  • Covered by any other health plan other than another HDHP (with limited exceptions)
  • Eligible to be claimed as a dependent on another person's tax returnfootnoteDisclosure 3
  • Enrolled in Medicare

Pricing

  • No minimum balance requirement
  • No set-up fee
  • No transaction fees
  • $1.95 monthly maintenance fee

Health Savings Account (HSA) Pricing Guide (PDF)

Health Savings Account Interest Schedule (PDF)

Health Savings Account Custodial Agreement (PDF)

Health Savings Accounts (HSA) Education Guide (PDF)

Have additional questions?

Contact us at 877-753-4930 between 8 am and 8 pm EST Monday through Friday.

Component ID : "accordionGridLayout-464338858"
Model : "disclaimer"
Position : "left"

Disclosure 1 See the HSA Pricing Guide (PDF) for current applicable fees. 

Disclosure 2 Other criteria may apply. Consult your health insurance provider or tax advisor.

Disclosure 3 See the HSA Custodial Agreement (PDF).

Disclosure 4 Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Before investing, consider your investment objectives fee charges and expenses. Past performance does not guarantee future results, and the likelihood of investment outcomes are hypothetical in nature.

Disclosures

Truist Bank, Member FDIC. © 2025 Truist Financial Corporation. Truist, the Truist logo and Truist Purple are service marks of Truist Financial Corporation.

Equal Housing Lender

Investment and Insurance Products:

  • Are Not FDIC or any other Government Agency Insured
  • Are Not Bank Guaranteed
  • May Lose Value

TRUIST is a service mark of Truist Financial Corporation (Truist) and its affiliates.

Services provided by Truist Financial Corporation (Truist) affiliates: Banking products and services, including loans and deposit accounts, provided by Truist Bank, Member FDIC. Trust and investment management services provided by Truist Bank. Securities, brokerage accounts and /or annuities offered by Truist Investment Services, Inc., an SEC registered broker-dealer, and member FINRA and SIPC, and a licensed insurance agency. Investment advisory services offered by Truist Advisory Services, Inc. and GFO Advisory Services, LLC, SEC registered investment advisers. Some insurance products offered by Truist Investment Services, Inc. Other insurance products offered by McGriff Insurance Services, LLC (McGriff), Kensington Vanguard National Land Services, LLC (Kensington Vanguard) and Crump Life Insurance Services, LLC (Crump). Truist Life Insurance Services (TLIS) is a division of Crump, Arkansas License #100103477. Variable insurance material is for broker-dealer or registered representative use only. Variable products distributed by P.J. Robb Variable (PJRV), LLC, Arkansas License #100110185. Member FINRA.

McGriff, Kensington Vanguard, Crump, TLIS, and PJRV are not affiliated with Truist Financial Corporation or any of its subsidiaries.

Truist Securities is a trademark of Truist Financial Corporation. Truist Securities is a trade name for the corporate and investment banking services of Truist and its subsidiaries. All rights reserved. Securities and strategic advisory services are provided by Truist Securities, Inc., member FINRA and SIPC. Lending, financial risk management, and treasury management and payment services are offered by Truist Bank.

Mortgage products and services are offered through Truist Bank. All Truist mortgage professionals are registered on the Nationwide Mortgage Licensing System & Registry (NMLS), which promotes uniformity and transparency throughout the residential real estate industry. Search the NMLS Registry.

Comments regarding tax implications are informational only. Truist and its representatives do not provide tax or legal advice. You should consult your individual tax or legal professional before taking any action that may have tax or legal consequences.

"Truist Advisors" may be officers and/or associated persons of the following affiliates of Truist, Truist Investment Services, Inc., and/or Truist Advisory Services, Inc. Truist Wealth, International Wealth, Center for Family Legacy, Business Owner Specialty Group, Sports and Entertainment Group, and Legal and Medical Specialty Groups are trade names used by Truist Bank, Truist Investment Services, Inc., and Truist Advisory Services, Inc.

Applications, agreements, disclosures, and other servicing communications provided by Truist Bank and its subsidiary businesses will be provided in English. As a result, it will be necessary for customers to speak, read and understand English or to have an appropriate translator assisting them. Truist offers the following resources for consumers that have Limited English Proficiency:

  • Multilingual teammates available at our Multicultural Banking Centers
  • Materials for some products and services are available in Spanish, Korean, Vietnamese, Mandarin, and other languages spoken in the communities we serve.
  • Phone assistance in Spanish at 844-4TRUIST (844-487-8478), option 9. For assistance in other languages please speak to a representative directly.

New York City residents:

Translation or other language access services may be available. When calling our office regarding collection activity, if you speak a language other than English and need verbal translation services, be sure to inform the representative. A description and translation of commonly-used debt collection terms is available in multiple languages at http://www.nyc.gov/dca.

  • Limited English Proficiency Support
  • New York City residents

Borrowers with Limited English Proficiency (LEP) needing information can use the following resources:

Site footer

Footer Navigation

Banking products
About Truist
Resources
Support

© 2025, Truist. All Rights Reserved.