A Scott Credit Union Health Savings Account helps you save money and pay for medical expenses with pre-tax dollars*!

We offer both individual and family Health Savings Accounts that allow different levels of annual contribution. Please ask us for more details.

If you are in a High Deductible Health Plan (HDHP), open a Scott Credit Union Health Savings Account (HSA) today. You may be eligible to save and offset rising medical costs.

As the cost of health care coverage continues to increase, there is a tax-free savings account that can help you hold the line on medical expenses. Even with a good high-deductible health care plan, your out-of-pocket expenses are likely continuing to grow. That's why it is a perfect time to open a Health Savings Account.

With an HSA, you can put federally tax-deductible money into your account up to the maximum annual contribution and earn a dividend on your money. You can then withdraw the money tax-free to pay for qualified medical expenses, such as doctor visits or prescriptions.

What is a Health Savings Account?
Health Savings Accounts (HSA) combine the protections of health insurance with a tax-advantaged savings account.

Your "high-deductible" health insurance plan provides you with coverage you need and our HSA allows you to save on your federal income taxes by paying for medical expenses with pre-tax dollars.*

Expenses Covered by Your HSA Account May include:

• All medical expenses
• Doctor visits
• Dental care
• Long-term care
• Health care coverage when unemployed
• Prescriptions
• Hospital stays

Have more questions? Click here for more information.

*This information is not intended as tax advice. Please consult a tax professional.