Personal Accounts
Health Savings Account
Simplify your life
Move your HSA to Ideal Credit Union
If you have a qualifying high-deductible health plan, simplify your life by opening or moving your HSA to Ideal Credit Union. You’ll earn a competitive yield with no fees and no minimum distribution amount. Interest earned is also tax free.
Make an Appointment
Visit a Branch
Tax advantages
- Contributions are 100% tax-deductible
- Funds grow on a tax-deferred basis and funds used for eligible medical expenses are tax-free
- Funds rollover from year to year
- Funds used after age 65 are tax-free for eligible medical expenses
Simple record keeping
Accountholders are responsible for keeping records and receipts for all medical expenses paid using their HSA account. To make this process as simple as possible, we provide several tools via Ideal Online Banking.
- eStatements - view the past 7 years worth of statements
- Images of your checks written
- Records of your debit card transactions.