health savings account

what is a HSA?

A Health Savings Account (HSA) from KCCU is a smart way to help manage your current and future health care cost! An HSA is a special tax-advantaged savings account*, similar to an IRA, but is designed for medical expenses and to help make healthcare more affordable.

You qualify for an HSA if you:

• Have a High Deductible Health Plan (HDHP)
• Do not have any other major medical insurance coverage
• Are not enrolled in Medicare
• Cannot be claimed as a dependent

benefits of a KCCU HSA

• Easy access to funds via free KCCU HSA debit card
• No fees for opening account
• Earn interest on tax-free funds
• No initial deposit or minimum balance requirement
• Monitor your account with KCCU’s online banking or our phone banking service

For more information, download the HSA Brochure.

how to open a health savings account

Simply stop in at any of our branches or call a Member Service Representative at 269.968.9251.

*Consult your tax advisor regarding the tax advantages of a health savings account