Health Savings Account benefits include:
- Tax-deductible – Contributions to the HSA are tax deductible, similar to an IRA.
- Tax-free – Withdrawals to pay qualified medical expenses are never taxed.
- Tax-deferred – Interest-earnings accumulate tax deferred, and if used to pay qualified medical expenses, are tax-free.
- HSA money is yours to keep – Unused money in your HSA can rollover from year to year.
Members have several options to fund their Weber State Credit Union HSA
- Payroll direct deposit
- In-person deposits
For added convenience, you may access your HSA funds by the following means:
- Personal Goldenwest Credit Union HSA Visa Debit Card
- Personal Goldenwest Credit Union HSA Checks
Qualified HSA expenses include: acupuncture; anesthetist; alcohol/drug rehab; ambulance; artificial limbs; birth control; blood pressure monitoring devices; contact lenses, solution and cleaner; co-pays/deductibles; chiropractor; dental care; diabetic supplies; eye exams and eyeglasses; guide dog; ob/gyn services; hearing aids; home healthcare; hospital/skilled nursing; immunizations; medical services; orthodontia; physical exams; prescriptions; and, psychiatric care.
To open a Weber State Credit Union HSA, visit any branch or contact the member contact center at 800-283-4550.