Idaho Medical Savings

  • Save for medical expenses and nursing home costs
  • $25 Minimum Balance • No Monthly Service Charge
  • Direct Deposit

Savings Rates


Open an Account

An Idaho Medical Savings Account (MSA) allows you to save for medical expenses and nursing home costs while reducing the amount of Idaho income tax you owe.

You may contribute up to $2,000 for a single person and $4,000 for a joint return. These deductions can only be taken on your Idaho income tax return; they do not apply to federal returns. For further information, please consult your tax advisor or the Idaho State Tax Commission at (800) 972-7660 or (208) 334-7660.

For more details on the tax benefits of this product, click here

Idaho Medical Savings Account Features
Rates as of February 1, 2015
Minimum Balance Requirements (to open account) $25.00
Monthly Service Charge (w/minimum account balance) None
Access w/VISA Debit Card N/A
Direct Deposit Services Yes
Automatic Transfer of Funds to Loans N/A
Dividend Period Monthly
Free access to accounts via Pioneer@Home Yes
Free 24-Hour Telephone Teller Access Yes
Minimum Balance (to earn dividends) $300.00
Annual Percentage Yield 0.05%*

* All rates are subject to change as a result of Board of Director's action. Rates on variable rate accounts could change after account opening. Fees may reduce earnings.