Health Savings Accounts (HSAs)

• Greater personal control over healthcare management and expenses
• Prepare for qualified medical expenses
• Earn dividends above standard savings on entire balance
• An HSA provides triple tax savings:
  • Tax deductions when you contribute to your account
  • Tax-free earnings through investment
  • Tax-free withdrawals for qualified medical, dental, vision expenses, and more¹
• Contributions are tax-free and can be made by you, your employer, or a third party
• Funds can be withdrawn at any time²
• No monthly maintenance fees
• Unused funds remain in account year after year; no "use it or lose it" policy
• Keep your HSA in your name, regardless of career or life changes
• Federally insured by NCUA
• $5 minimum deposit to open

Eligibility

Most adults under 65 who are not enrolled in Medicare and are covered under a high-deductible health plan (HDHP) can qualify for an HSA, but it is up to the account holders to determine their own eligibility. Please contact your tax advisor for further eligibility requirements.

Learn More

Take a look at our educational brochure for more in-depth information on health savings.