Health Savings Account (HSA)

Health Savings Account (HSA)

Every employer offers a paycheck -- but not every employer offers something that can help take care of employees throughout their lives. An employer-sponsored HSA helps ensure the overall health of your employees, while also letting them know you care.


HSAs include special tax advantages* -- and when used in conjunction with a High Deductible Health Plan, will help cover the cost of qualified medical expenses. Enjoy happier, healthier employees by offering this great benefit.

Summary
  • Help take care of employees throughout their lives
  • Boost employee loyalty and morale
  • Employer-sponsored and individual plans available
  • Contributions are tax-deductible*
  • Distributions for qualified medical expenses are tax-free and penalty-free*
  • No "use it or lose" provision, funds remain with employee
  • Free debit card with ability to add authorized user
  • Check blanks available in books of 25 or 50 at cost
  • Sign up for eStatements to avoid annual fee
  • Online account access 24/7
  • Must be used in conjunction with a High Deductible Health Plan (HDHP)

Ask for more information from your FCCU specialists!


*Consult a tax adviser