Eligibility
This coverage automatically disqualifies a member from ability to open an HSA account.
What is other health insurance? (Also acceptable Answer: What is Medicare?)
These are tax deductible for HSA account holders.
What are Contributions?
The monthly Service charge for this account
What is $2?
This term is an abbreviation commonly known as an HSA.
What is Health Savings Account?
These pieces of paper can be ordered to make purchases through writing and signing a draft upon your account.
What is a check?
This is a type of coverage that a member is required to have to be eligible for an HSA account.
What is a High Deductible Health Plan (HDHP)?
Purchases that are made and not taxed, fall into this category, called...
What are Qualified Medical Expenses?
This is the maximum coverage provided by NCUA for this account.
What is $250,000?
This abbreviation, commonly written as HDHP, is a type of medical coverage. It stands for....
What is High Deductible Health Plan?
You can manage your HSA account through this avenue for simple control at STCU.
What is Online banking?
It's ___'s responsibility to know if the member is eligible for an HSA account.
Who is 'the member' or 'their own'?
This is the last date you can make contributions to 2025.
What is April 15th, 2026?
This is known as the minimum average balance to avoid the service fee.
What is $250?
This organization is in charge of tax returns and is also referred to as IRS.
What is the Internal Revenue Service?
This piece of plastic is something that can be used to make purchases and be connected to the HSA account. It can only be ordered via standard mail.
What is a Debit Card?
These are people who can benefit from the HSA funds in the account and still be counted as qualified expenses.
Who are: owner, spouse, or other tax dependents?
What are Contributions?
This is the rate earned on all balances in an HSA account at this time.
What is 0.15% APY?
Purchases that include doctor visits, medications, medical equipment, dental and vision care.
What is a Qualified expense?
The biggest and most important benefit for our members, and why they would decide to open an HSA account.
What are Tax Benefits? (also accepted, lowering taxable income)
The RIM classes eligible for HSA Accounts.
What are Personal (100) and Employee (101)?
When a member turns this age, they can use funds for any purpose (even non-medical). HSA funds do count as income if not used for medical purposes after this age though.
What is 65?
This is the amount of the fee to close an HSA account
What is $20?
This is known as a prohibited transaction on HSA accounts, determined by the IRS. STCU blocks access to a certain feature available on almost all other accounts to stop this from occurring.
What is an overdraft?
For ease of access, simplicity, and peace of mind, these can be set up monthly online.
What are automatic transfers/contributions?