Health Savings Account

Take control of your health care costs with a Health Savings Account

What is a Health Savings Account?

A Health Savings Account (HSA) is a tax-deductible account that allows you to pay for qualified medical expenses, including those not covered by your insurance, or save money for future health care costs. An HSA puts you in control of where and how your health care dollars are spent. Best of all, any unused funds rollover from year to year.


Take advantage of a Health Savings Account today

If you are enrolled in a High Deductible Health Plan (HDHP) and are otherwise eligible1, UFCU offers a Health Savings Account with many benefits.



  • Competitive dividend rates to maximize earnings, calculated daily and paid monthly
  • Tax-deductible contributions
  • No annual or monthly maintenance fee
  • Free Visa® debit card for easy payment of your qualified medical expenses
  • Your employer or insurance carrier may change, but you can always keep your funds at UFCU

Ask us more about the many benefits of a Health Savings Account, or for more information, visit the US Department of Treasury Web site.






1) You are likely eligible if you are covered under a high deductible health plan (HDHP) on the first day of each month, if you are not also covered by another health plan that is not an HDHP (with limited exceptions), you are not entitled to benefits under Medicare (generally not yet age 65), and you are not able to be claimed as a dependent on another person’s tax return. Ask your health insurance carrier for eligibility details.

2) For specific tax advice, please consult your tax advisor.

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