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State Farm Bank, a division of State Farm Insurance Company, is now offering a tax free HSA, or Health Savings Account. Similar to medical spending accounts offered through employers, State Farm Bank now offers the same type of account for customers who want to save funds to pay for qualifying health care costs on a tax free basis. The accounts pay interest and allow check writing access directly from the account. This is a great tool to cut costs on health care services. To find out more contact your local State Farm Insurance agent or click on the link above.
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