State Savings Bank

Online Banking Customers: Check your e-mail for a message from sent 8-24-22 to all online banking
customers regarding a
major change coming Oct. 24. If you did not receive an e-mail, click here to learn more .

What Happens if I Change my HDHP Coverage?

Changing your HDHP coverage from Self-Only Coverage to Family Coverage or vice-versa changes the maximum annual allowable contributions you can make to your HSA. If this occurs, you must notify the bank to ensure that IRS reporting is accurate and you avoid the possibility of having contributions exceeding the amount you are eligible for. 

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