With the
Affordable Care Act coming in to play, insurance has been on the top of a lot
of families’ minds. If you have a high
deductible insurance plan, than an HSA might be the solution to making out of
pocket medical expenses easier on the pocket book. A Health Savings Account, or HSA, is a
special account that lets you set aside money specifically for qualified health
related expenses. Paying for a qualified
medical expense out of your HSA is as easy as swiping your debit card! If you meet the criteria below, then an HSA
may be the solution for your family:
- You currently have a high deductible health plan
- You are NOT enrolled in Medicare
- You are NOT eligible to be claimed as a dependent on anyone else’s tax return.
If those all
sound like your situation, than an HSA account just might be for you. One huge benefit of an HSA is that money you
put into it is not taxed! If you want to
learn more about how a Health Savings Account could benefit your family you can
find more information on www.honorcu.com, give us a call, or stop by any
branch!
Don’t forget
to follow us on twitter @honorcu using tweet us any questions you have using
#askhonorcu!
Listen Honor's Scott and 97.5 Y-Country's Wild Bill in this week's Mason Jar Monday for more information on how an HSA can benefit you!
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