GET 3X THE TAX ADVANTAGE AND COVER HEALTHCARE EXPENSES
Tackle healthcare costs with anytime withdrawals and access unused cash year after year.
Benefits You’ll Love
- Get tax deductions on contributions
- Enjoy tax-free earnings
- Access tax-free withdrawals
- Contributions can be made by you, your employer, or a third-party
Benefits
- Greater personal control over healthcare management and expenses
- An HSA provides triple tax savings:
- Tax deductions on contributions
- Tax-free earnings through investment
- Tax-free withdrawals for qualified medical, dental, vision expenses, and more*
- Employer-sponsored, individual & family plans available
- Funds can be withdrawn at any time*
- Unused funds remain in account year after year
- Keep your HSA in your name, regardless of career or life changes
Additional FCCU Benefits
- No minimum balance and unlimited transactions
- Free debit card for additional authorized user
- Check blanks available at cost
- Fee waived with eStatements
Contributions & Distributions
- Annual contribution limits established for single and family plans.
- Contributions can be made by you, your employer, or a third party
- Catch-up contributions of $1,000 can be made by those age 55 or older
- The contribution deadline is the tax deadline, April 15th*
- Contributions are reported on a 5498-SA
- Distributions taken for non-qualified medical expenses are subject to federal income tax and a 20% penalty
- Distributions are reported by the credit union on a 1099-SA
- Individual must be under the age of 65 and covered by a High Deductible Health Plan (HDHP)
- Eligibility is determined the first day of each month
- The HSA owner may not:
- Be enrolled in Medicare
- Receive VA or TRICARE benefits
- Be claimed as a dependent
* Consult a tax advisor. Tax-free withdrawals based on amount contributed.
Use this calculator to determine your projected earnings from our Kasasa Cash account. Move the sliders or type in the numbers to see your potential rewards.
- Estimated Annual Rewards $0
- Estimated monthly dividends earned* $0
- Monthly ATM fees refunded**$0
This calculator compares the costs of buying or leasing a vehicle. There are three sections to complete, and you can adjust and experiment with different scenarios.
- Net cost of buying $0
- Net cost of leasing $0
A fixed-rate, fixed-term CD can earn higher returns than a standard savings account. Use this calculator to get an estimate of your earnings. Move the sliders or type in numbers to get started.
- Total value at maturity $0
- Total dividends earned $0
- Annual Percentage Yield (APY)0.000%
Whether it's a down payment, college, a dream vacation...a savings plan can help you reach your goal. Use the sliders to experiment based on length of time and amount per month.
- Monthly deposit needed to reach goal $0
This calculator can help you get a general idea of monthly payments to expect for a simple loan. Move the sliders or type in numbers to get started.
- Estimated monthly payment $0
- Total paid $0
- Total interest paid $0
Kasasa Cash*
| Balance | Rate | APY |
|---|---|---|
| 0 - $25,000 | 2.47% | 2.50% |
| $25,000+ | 0.15% | 2.50% to 0.62% |
| All balances if qualifications not met | 0.02% | 0.02% |
Qualifications to Earn Rewards
Enrollments must be in place and all of the following transactions and activities must post and settle to your Kasasa Cash® account during each Monthly Qualification Cycle:
- At least 12 debit card purchases
- Be enrolled in and agree to receive eStatements
- Be enrolled in and log into online banking
If you don’t qualify this monthly qualification cycle, your account is still free. Plus, you’ll still earn the base interest rate for your account. Then, next month, you can get right back to earning your full rewards.
Kasasa Saver*
| Balance | Rate | APY |
|---|---|---|
| 0 - $25,000 | 0.25% | 0.25% |
| $25,000+ | 0.15% | 0.25% to 0.17% |
| All balances if qualifications not met | 0.02% | 0.02% |
Qualifications to Earn Rewards
Qualifying for your Kasasa Cash or Kasasa Cash Back® rewards automatically qualifies you for the highest Kasasa Saver rate, too. Enrollments must be in place and all of the following transactions and activities must post and settle to your Kasasa Cash or Kasasa Cash Back account during each Monthly Qualification Cycle:
- At least 12 debit card purchases
- Be enrolled in and agree to receive eStatements
- Be enrolled in and log into online banking
If you don’t qualify this monthly cycle, your account is still free and you’ll still earn the base interest rate. Plus, you’ll get right back to earning your rewards the very next month.
APY = Annual Percentage Yield. Rates and APYs accurate as of 1/1/2021. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings.