Health Savings Account

Health Savings Account (HSA) is a tax advantaged medical savings account that is owned by the individual where contributions to the account are used to pay for current and future medical expenses.

The member must be in an eligible High Deductible Health Plan (HDHP).The money contributed to the account is not subject to federal tax at the time of deposit, so it's pre-tax dollars for employees or tax deductible if you are self-employed. The funds in a Health Savings Account can be used to pay all eligible medical related expenses that are not covered by your Health Insurance Plan.

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Contribution Limits

Individual HSA Plan: $3,400
Family HSA Plan:$6,750

If the owner of the Family HSA plan is 55 or over, the catch-up provision allows an additional $1,000 for a total contribution of $7,750.

Health Savings Account

Health Savings Account (HSA) is a tax advantaged medical savings account that is owned by the individual where contributions to the account are used to pay for current and future medical expenses.

Contribution Limits

YOUR SAVINGS ARE FEDERALLY INSURED TO AT LEAST $250,000 AND BACKED BY THE FULL FAITH AND CREDIT OF THE UNITED STATES GOVERNMENT, NATIONAL CREDIT UNION ADMINISTRATION, A U.S. GOVERNMENT AGENCY. CHAFFEY FCU IS AN EQUAL OPPORTUNITY HOUSING LENDER.

WE PROVIDE LINKS TO THIRD PARTY PARTNERS, INDEPENDENT FROM CHAFFEY FEDERAL CREDIT UNION. THESE LINKS ARE PROVIDED ONLY AS A CONVENIENCE. WE DO NOT MANAGE THE CONTENT OF THOSE SITES. THE PRIVACY AND SECURITY POLICIES OF EXTERNAL WEBSITES WILL DIFFER FROM THOSE OF CHAFFEY FEDERAL CREDIT UNION.