Health Savings Accounts
Health Savings Accounts are specifically designed for those with a Consumer Driven Health Plan, interested in saving for health care expenses. Contributions made to HSAs are tax deductible, earnings are tax-deferred, and may be tax-free if used to pay for qualified health care expenses.²
For Employers: The Indiana Members Credit Union HSA has no minimum balance or initial deposit and no monthly fee, offers a free IMCU Health Savings Debit Card and free Online Banking, too. Not to mention, IMCU currently has one of the best rates in town. In addition, IMCU representatives will come on site to answer questions employees may have and take care of opening their accounts, on the spot, saving time and resources. Alternatively, your employees can open their HSA at any IMCU branch.
If you’d like to know more about making this affordable option available to your employees, call Gina Terril, Business Development Manager, at 317.554.8163 or firstname.lastname@example.org
All accounts require a membership savings account.
² IMCU is not licensed to provide tax advice. There is no “use it or lose it” provision, so you have the ability to carry over the funds not used throughout the year.
³ Dividends are compounded monthly and credited on the last day of every month.
4 Standard text messaging rates may apply