If you’re looking for a more affordable way to manage your healthcare expenses, an HSA with INOVA FCU can help you achieve that goal.

 

 

Requirements:

 

You must be a member of INOVA FCU and currently participate in a qualified High Deductible Health Plan (HDHP). If you are enrolled in Medicare or covered by any additional health plan (other than HDHP) you will not qualify for an HSA. You may participate if you carry other vision, dental, disability or long-term care insurance policies

Benefits to You:

HSA’s hold a tax-favored status meaning contributions are either made with pre-tax dollars or are tax deductible. You save money because your medical expenses can be purchased with tax-free funds.

Your HSA earns dividends. Dividend rates are determined on a monthly basis, so you earn the highest dividend rates available.

Access to your HSA funds is simple and convenient with your HSA debit card or by writing a check. You can also monitor and access your funds 24-hours a day through home banking or tellerphone.

Your HSA funds remain available to you throughout job or lifestyle changes and will even be paid to your beneficiaries in the event of your death.

You can make deposits into your HSA via payroll deduction, direct deposit, automatic transfer, mail, cash or check.

The funds in your account continue to grow, tax-deferred and penalty-free for withdrawal until after the age of 65.

Your savings are federally insured to at least $100,000 by NCUA (for combined savings, checking and certificate deposits).

 

Contact Us

Need advice, have a question, or want to open an account?

Call or email
The Link
574.294.6553, opt 5
800.645.3732, opt 5

memserv@inovafcu.org

Our mission is to improve our members' financial well-being.

                    
Your savings federally insured to at least $100,000