Benefits of a Health Savings Account

Photo of older couple looking out over water and mountain. (Looking forward to their future.)

 

A Health Savings Account (HSA) from MVFCU is a tax advantaged medical savings account that your employees own. It is a great way for individuals and families to cover the cost of medical and health-care expenses that are more expensive and out-of-pocket costs.

 

How an HSA Works

Unlike similar types of accounts, HSA funds are not lost at the end of the year. Unspent balances remain in the account, earning dividends, until they are spent on medical care.

Save Money on Employee Healthcare

Give your employees access to additional medical expense coverage with a Health Savings Account. Refer them to MVFCU Contact Center at 1-907-745-4891 or have them visit the nearest MVFCU COmmunity Office.