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Improving Your Financial Life

April 22, 2010
by admin

During the current recession, now more than ever it is important to really understand the importance of learning about money.Here are some great money education tips:Before making any investment and loan choices, you need to carefully analyze all the options available and choose a plan that best sui...

Category: FCFCU
April 22, 2010
by admin

Personal money management can be really tricky in these tough economic times. You will need to be financially savvy to avoid falling into a debt trap. Here are some simple money education tips that will help you manage your finances better.Analyze your finances; calculate your income, expenses ...

Category: FCFCU
April 22, 2010
by admin

Financial Education Indianapolis is a community based financial literacy initiative and it is primarily targeted at young people, who will be able to learn financial skills, which will help them handle their finances well in the future.  We do like to work with other generations as well, though...

Category: FCFCU
April 22, 2010
by admin

What are some of the HSA benefits? HSA health plans have a number of benefits when compared with the traditional health insurance plans. Here are some HSA benefits:The funds that you contribute to your HSA bank accounts are completely yours.Health care providers and plans can be changed as per your ...

Category: FCFCU
April 22, 2010
by admin

Even when you switch jobs, the money in your HSA is yours. The money that is contributed to the HSA account is as safe as putting it in your individual savings account. The money from the account can also be used for medical treatment anywhere in the country or in another country.The money that...

Category: FCFCU
April 22, 2010
by admin

HSA accounts can be used to supplement you current health insurance coverage and allow you to make substantial savings on your health plan. There are a number of plans that are available and factors like age, previous medical history and area of residence that will determine the features of the...

Category: FCFCU
April 22, 2010
by admin

HSA health plans cover costs that are normally not covered by traditional health insurance policies like dental expenses, mental therapy, physical therapy, alternative treatments (acupuncture, aromatherapy and homeopathy and ayurvedic treatments), transportation and lodging expenses related to healt...

Category: FCFCU
April 22, 2010
by admin

Insurance companies offer HSA health plans which are paired with high deductible health insurance plans and help reduce the premium rates as much as 30%. When you switch from a traditional health insurance plan to health savings accounts plan, you end up saving substantial amounts of money every mon...

Category: FCFCU
April 22, 2010
by admin

The funds in your HSA account can also earn interest and the earnings are tax free if the money is used for medical purposes. An individual account can also be assigned to the spouse through a power of attorney.If you don’t withdraw the money from your bank health savings account the fund...

Category: FCFCU
April 21, 2010

Did you know that funds that are saved in your HSA account can be utilized to pay for any medical expenses, dental and eye surgery, buying prescription drugs and over the counter medications?  It's true.Most banks and credit unions offer these accounts and you check the features ...

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