HSA Accounts allow you to save money to pay for future medical expenses on an income tax-free basis. Any individual, who has an approved High Deductible Health Plan (HDHP) and who is not covered under another disqualifying health plan, can participate in an HSA.
A Health Savings Account is really a combination of a health insurance policy meeting minimum US Treasury policy design requirements called a High Deductible Health Plan (HDHP) and a separate custodial savings account for future medical expenses called a Health Savings Account (HSA). Congress created the HSA as a way to cover your future medical expenses, and it is subject to IRS regulations and guidelines.
A health insurance company or an insurance plan usually provides the qualified health insurance policy, and EUCCU acts as the custodian and administers the savings account portion of the HSA.
Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. **Notice**
We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.
** WARNING: Unauthorized users who attempt to access accounts from this website will be prosecuted to the fullest extent of the law. **