Health Savings Account

Anyone covered by a High-Deductible Health Plan as defined by the IRS.*

Use your CEFCU HSA Debit Mastercard® to pay medical bills, purchase prescriptions, and more. Or, access your HSA funds online or at any Member Center.

Any qualifying medical expense as defined by the IRS. This can include:

• Office visit co-pays
• Prescription drugs
• And more

You can keep funds in the account from year to year. There are no “use it or lose it” rules.

Visit our Health Savings Account page to learn more about contribution limits. 

Yes. Health Savings Account contributions made by an eligible individual or his/her family members are deductible by the eligible individual when determining his/her adjusted gross income. The individual cannot also deduct the contributions as medical expense deductions.

No, there are no income limits when opening Health Savings Accounts.

There are no fees for CEFCU members to open and maintain a HSA.