What’s worse than being sick? Going broke to pay for treatment. Dividends above standard savings and tax advantages help you afford quality healthcare. Boost your budget even more with employer contributions — the savings in your account remain yours, wherever you’re employed.
Most adults under 65 who are not enrolled in Medicare and are covered under a high-deductible health plan (HDHP) can qualify for an HSA, but it is up to the account holders to determine their own eligibility. Please contact your tax advisor for further eligibility requirements.
As part of the recent merger with America First CU, our application process has slightly changed. In order to help you choose the best option to fit your individual needs, please click below to begin your new account application or visit your nearest branch to meet with a representative.
*Consult a tax advisor.
**Ask your employer or insurance company if your plan makes you eligible to open and make contributions to an HSA.
***You can withdraw funds at any time for any purpose. However, if funds are withdrawn for reasons other than qualified medical expenses, the amount withdrawn will be included as taxable income, and is subject to a 10% penalty.
|Account Type||Min. Opening Deposit||Dividend Rate||APY*|
|Money Maker Account||$0 - $2,000||0.20%||0.20%|
|$2,001 - $20,000||0.30%||0.30%|
|$20,001 - $80,000||0.40%||0.40%|
|$80,001 and above||0.50%||0.50%|
|Health Savings Account||-||0.10%||0.10%|
*Annual Percentage Yield (APY). Rates accurate as of June 1, 2018 and are subject to change.