Opening an HSA is relatively straightforward: 1. Choose a Provider: Select a bank, credit union, or specialized HSA provider. 2. Enroll in an HDHP: Ensure you are enrolled in a qualified high-deductible health plan. 3. Complete the Application: Fill out the necessary paperwork with your chosen HSA provider. 4. Fund Your Account: Start making contributions, either through payroll deductions or direct deposits.
