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Blog > 2010 > April > Why Have A Medical Savings Account?
April 28, 2010

Why Have A Medical Savings Account?

learning about moneyA medical savings account Indianapolis will help you save money for medical expenses. You can open a medical savings account in the local credit union of Indianapolis.

The funds deposited in an HSA in Indianapolis are tax deductible and in certain cases the state may offer a higher tax deduction based on the tax structure prevalent in that state.

In order to qualify for a medical savings account you must have a high deductible health plan, which has nearly 20% to 50% lower premiums and this depends on the place of your residence.

All these reasons make opening a medical savings account with a local credit union a very good financial decision.

If you're interested in learning about medical savings accounts, please don't hesitate to get in touch with our Financial Center of Indianapolis.  You might also be interested in our Reward Checking which earns dividends.

Category: FCFCU
Your savings federaly insured to at least $250,000 and backed by the full faith and credit of the United States Government: NCUA, Equal Housing Lender, ESI