HSA (Health Savings Account) in Illinois
Pair an HSA-eligible health plan with a Health Savings Account and pay for medical costs with tax-advantaged money.
Get Covered Insurance Exchange helps Illinois individuals, families and business owners set up a Health Savings Account (HSA) alongside an HSA-eligible health plan, so they can save for medical costs with tax advantages. The office is in Rolling Meadows. Call (814) 883-0073 to learn how it works.
A Health Savings Account works with an HSA-eligible high-deductible health plan. Money you put in can be tax-deductible, it can grow tax-free, and withdrawals for qualified medical expenses are tax-free.
The money in an HSA is yours and rolls over from year to year, so it can help with deductibles now and medical costs later. We help you pick an HSA-eligible plan and explain how the account works. For questions about your own taxes, check with a tax professional.
Where we offer hsa (health savings account)
- HSA Accounts in Rolling Meadows, IL
- HSA Accounts in Glenview, IL
- HSA Accounts in Des Plaines, IL
- HSA Accounts in Skokie, IL
- HSA Accounts in Northbrook, IL
- HSA Accounts in Deerfield, IL
- HSA Accounts in Buffalo Grove, IL
- HSA Accounts in Chicago, IL
- HSA Accounts in Elgin, IL
- HSA Accounts in Naperville, IL
- HSA Accounts in Aurora, IL
- HSA Accounts in Waukegan, IL
- HSA Accounts in Joliet, IL
- HSA Accounts in Rockford, IL
- HSA Accounts in Peoria, IL
- HSA Accounts in Springfield, IL
- HSA Accounts in Champaign, IL
Straight answers
Who can open an HSA?
You need to be covered by an HSA-eligible high-deductible health plan. We can help you find a qualifying plan and set up the account.
What are the tax benefits of an HSA?
Contributions can be tax-deductible, the balance can grow tax-free, and withdrawals for qualified medical expenses are tax-free. Talk with a tax professional about your own situation.
Do I lose my HSA money at the end of the year?
No. HSA money rolls over every year and stays with you, even if you change jobs or plans.