Open a Health Savings Account
Invest in your healthcare with a Health Savings Account to maximize tax savings, pay for current and future healthcare expenses, and save for healthcare costs in retirement.
Why open an HSA?
Triple tax advantage
Contributions are tax-deductible, growth is tax-free, and withdrawals for qualified expenses are tax-free.
Investment potential
Invest your HSA funds in 33 low-cost Vanguard mutual funds for long-term growth.
No monthly fees
Start today with a $0/month account fee. Your money works for you, not the other way around.
Portability
Your HSA is yours. It stays with you even if you change jobs or health plans.
No expiration
Unlike FSAs, HSA funds never expire and roll over year after year.
$25 match
Open a Demo.Health HSA and when you make a contribution, we'll match the first $25.
Who is eligible for an HSA?
To open an HSA, you must be enrolled in a High Deductible Health Plan (HDHP) or an ACA Bronze plan. You cannot be claimed as a dependent on someone else's tax return, and you cannot be enrolled in Medicare.
- •Enrolled in an HDHP or ACA Bronze plan
- •Not claimed as a dependent
- •Not enrolled in Medicare
- •Not covered by another non-HDHP health plan
HSA Eligibility Questions
For 2025, the annual HSA contribution limit is $4,300 for self-only coverage and $8,550 for family coverage. Individuals 55+ can contribute an additional $1,000.
Yes! ACA Bronze plan members are now eligible to open a Health Savings Account.
Demo.Health offers a $0/month account fee for individual HSAs.