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Improving Your Financial Life

Blog > 2010 > April > Time to Open an HSA?
April 16, 2010

Time to Open an HSA?

by admin

A health savings account (HSA) is an account that allows you to put away a certain amount of money every month to save for medical expenses or emergencies.

federal union credit cardHSA banks or a Indianapolis credit union like us can help you make a contribution or withdrawal at any point in time. HSA information regarding contributions and tax benefits can be accessed online.

Most HSA banks offer their customers the benefit of long term savings on the contributions made to the account. There are a number of big companies that are using the local credit union to maintain pension for employees.

The interest rates that are offered on a savings account of a credit union are also higher in comparison to a bank.


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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