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Banking on the Hi-Line

Benefits for your Employees

Independence Bank is happy to support employers in offering benefits to their employees. We partner with employers to set up retirement accounts and health savings accounts that meet the needs of their workers. We make it easy for our business customers to make employee benefits a reality.

  

Health Savings Accounts

A Health Savings Account (HSA) is a type of personal checking account that helps those with high-deductible health plans save money for out-of-pocket medical expenses like vision and dental care, office visits and prescriptions. Employers and employees can make pre-tax contributions to these accounts.

HSA Features

  • Contributions are made with pre-tax dollars
  • You earn interest on your contributions
  • Account holders can access funds with checks and/or a debit card
  • Unused balances carry over from one year to the next

LEARN MORE

 

Individual Retirement Accounts (IRAs)

An IRA is an account that allows employers and employees to contribute a limited annual sum toward your retirement. Independence Bank offers three different IRAs to meet your needs:

  • Traditional IRA
  • Roth IRA
  • Simplified Employee Pension (SEP) IRA

Click the Contact Us button below to visit with us about IRA accounts.

CONTACT US  

 

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Independence Bank would like to personalize your banking experience. Please enter your first name below.

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This level of personalization will not lead to the sale of your name or leak your identity. The information you provide will only be stored on your computer and will not be transferred to any other source.