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Health Savings Account

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How does a KEMBA HSA benefit a business?

Set-Up

Our representatives will help you establish HSAs for your associates.

Growth

Deposits and earnings can continue to grow from one year to the next.

Interest

Tiered interest rates: The higher the account balance, the higher the interest rate your employees earn.

Payments

Employees can make their own payments using their Debit Card or a check.

Savings & Deposits

Health Savings Account

For 2020, you may contribute up to $3,550 for individual coverage or up to $7,100 for family coverage. Both individuals and employers can contribute to an HSA, but the limit must not be exceeded. Individuals over the age of 55 (and not yet enrolled in Medicare) can make additional “catch up” contributions of up to $1,000.

How does a KEMBA HSA benefit the employee?

Tax free dividends.
Reduced income tax liability.
Easy account set-up.
Tiered interest rates encourage long term savings.
Easy access to funds: Pay with your Debit Card or a check.
Portability: The money belongs to you. If you change jobs or move, the money stays in your account and is yours to use on qualified medical expenses.
With the tax advantages and benefits of a HSA, you are in control.

For more information about KEMBA HSAs, stop by one of our branches,

or call 614.235.2395 or 800.282.6420, option 4.

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KEMBA Financial Credit Union is committed to providing a website that is accessible to the widest possible audience in accordance with ADA standards and guidelines. We are actively working to increase accessibility and usability of our website to everyone. If you are using a screen reader or other auxiliary aid and are having problems using this website, please contact us at 800.282.6420. All products and services available on this website are available at all KEMBA branches or by calling 800.282.6420.