The tax-exempt way to cut medical costs.
Introduction
A Health Savings Account is a tax-exempt account specifically intended to pay for medical costs not covered in a high-deductible health plan (HDHP).
Are you enrolled in an HDHP? If yes, then it's time to explore options like our HSA Flex Checking and find out if you're eligible to start saving money on qualifying medical expenses.
HSA Flex Checking
Speak to a representative for complete details about our HSA Flex Checking.
Including:
- No monthly service charge
- No minimum balance required
- No dividends
- Unlimited check writing
- Once per calendar year, (1) standard box of checks at no charge
Plus, you could enjoy convenient payments using our HSA debit card – perfect for quick trips to the pharmacy and qualifying medical appointments. Just remember to save all receipts for claim verification.
Plan Eligibility and Contribution Limits
In 2024, if your medical plan deductible is at least $1,600 for single coverage or $3,200 for family, you may be eligible to open an HSA. Your contributions can be tax-deductible up to $4,150/single and $8,300/family or, for ages 55 or older, up to $5,150/single and $9,300/family.
Check with your health plan administrators to determine your plan's eligibility, then visit a branch or call us at 800.242.2120 for more details.
Why having an HSA is so important
Learn more about Health Savings Accounts!
Savings Accounts Articles
-
Share Insurance from NCUA
As your credit union, we’re your financial steward, advocating for your financial well-being and protecting the assets you’ve entrusted to our care.
-
Cash Income: Dos and Don'ts of Cash Management
Cash Income: Dos and Don'ts of Cash Management My first jobs were in cafes and restaurants. Depending on the gig and the season, income was inconsistent week to week and month to month, generally less in payroll and more in tips. At times, I was earning 100% cash...
-
Are You Financially Fit?
Are You Financially Fit? Over the last several years the fitness industry has exploded. Unique diets, strength training regiments for all ages, you name it. Many people have shown a level of dedication to becoming healthier, both mentally and physically, and are enjoying healthi…
