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Improving Your Financial Life

Blog > 2010 > April > Curious About A Health Savings Account?
April 20, 2010

Curious About A Health Savings Account?

by admin

health savings accountA health savings account is a tax saving account that is designed to take care of current and future medical expenses. HSA banks are qualified to accept contributions from individuals and businesses subject to certain limitations for these accounts.

In order to qualify for a health savings account, you must have a high deductible health plan. Health savings accounts banks funds can be utilized for paying qualified medical checkups, dental, vision, prescription drugs and over the counter medications.

Category: FCFCU
Your savings federaly insured to at least $250,000 and backed by the full faith and credit of the United States Government: NCUA, Equal Housing Lender, ESI