Cincinnati Ohio Police
Federal Credit Union
959 W 8th St
ABA/Routing # 242076591
Email Us at: firstname.lastname@example.org
Health Savings Account (HSA)
A Health Savings Account (HSA) is a special tax-free custodial account created exclusively for the benefit of members covered under a high-deductible health plan (HDHP). The funds in an HSA are used towards qualified medical expenses, and an HSA has the unique potential to offer triple tax savings through:
To open a Health Savings Account, you must be enrolled in a High Deductible Health Plan (HDHP). A HDHP satisfies specific federal requirements related to deductibles and out-of-pocket expenses. In addition, the federal government establishes maximum contribution limits to the account each year. The chart below details the specifics.HSA Limits
HDHPs can have first dollar coverage (no deductible) for preventive care and apply higher out-of-pocket limits (and co pays & coinsurance) for non-network services. Consult your company's Benefits Administrator or Human Resources Department to determine if you are covered by a HDHP.
COPFCU HSA Checking Account
The Cincinnati Police Federal Credit Union offers an HSA Checking Account with the following features and benefits:
HSA Certificates allow you to invest the excess funds from your HSA Checking Account. The HSA Certificates feature:
For more information on Health Savings Accounts (HSAs), review these valuable materials.
For information on pharmacies offering $4 Generic Drugs or Free Antibiotics, see these websites.