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Health Savings Account

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Health Savings Accounts (HSAs)

A Smart Way to Manage Healthcare Costs

Healthcare expenses can be unpredictable — but how you plan for them doesn’t have to be. A Health Savings Account (HSA) from Health Advantage Credit Union gives you a tax-advantaged way to save and pay for qualified medical expenses, all while keeping control of your money in your hands.

If you’re covered by a High Deductible Health Plan (HDHP), an HSA can be an excellent way to prepare for both expected and unexpected costs — from prescriptions and office visits to dental, vision, and more.

What is an HSA?

An HSA is a tax-advantaged savings account designed to help individuals with HDHPs cover out-of-pocket medical expenses. You can contribute pre-tax dollars, earn dividends, and use the funds tax-free for eligible expenses — all while keeping your account in your name, no matter where life (or your job) takes you.

Whether you're actively using the funds or letting them grow for future use, an HSA offers flexibility and peace of mind.

HSA Benefits at Health Advantage CU

What Can You Use Your HSA For?

HSA funds can be used for a wide range of qualified expenses, including:

A full list of eligible expenses is available through the IRS, but the bottom line is: if it supports your health and qualifies under your HDHP, your HSA is here to help cover it.

Easy to Open. Simple to Use.

Getting started with an HSA is quick and hassle-free. Already a member?

  1. Log into your online banking

  2. Select “Create New Share”

  3. Choose Health Savings Account from the options

  4. Fund your account and start managing healthcare costs the smart way

Prefer a little guidance? Stop by your nearest branch or give us a call — our team is happy to help you get started or answer any questions.

Take Control of Your Health — and Your Finances

With a Health Savings Account at Health Advantage Credit Union, you’re not just saving for medical expenses — you’re building financial confidence with every contribution.

Because staying healthy shouldn’t be a financial burden — and with an HSA, it doesn’t have to be.

Schedule an Appointment to Open a HSA

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