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Health Savings Accounts (HSA) are savings accounts available for members who are not covered by medical insurance or have a high deductible health insurance plan. Health Savings Accounts are individual accounts which allow members to use pre-tax dollars to pay for future medical expenses or costs that are not covered by the high deductible health insurance plan. The Health Savings Account can receive regular contributions through payroll deductions or automatic transfer. SONEPCO offers both checks and a Debit card to pay for this type of expense.
Product Features:
- $50 minimum deposit to open a Health Savings Account
- No minimum or maximum term for a Health Savings Account.
- No monthly fee.
- No set-up fees.
- Rates paid are the same as the IRA Savings account.
- Earnings and contributions are tax deductible.
- Contributions can be made at any time during the year, and the Health Savings Account balance rolls over from year to year.
- Contact the credit union for yearly maximum deposit amount.
- You own the account, so it goes where you go, regardless of any job changes.
SPECIAL OFFER!
Right now, when you open a Health Savings Account at SONEPCO, you'll receive a free first aid kit* to help keep you on your path to wellness. Manage your health and your wealth by starting a Health Savings Account today!

*While Supplies Last
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