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Business Health Savings Account (HSA)

Give your employees a health-care benefit that's easy on your budget.

A healthy workforce is bound to be more productive. At Power Financial Credit Union, we offer Health Savings Accounts that businesses can offers as a no-cost benefit. Your employees will earn interest and enjoy tax benefits with money set aside for future medical costs. With funds readily available, your team members can access the care they need to deal with illness or injuries and return to the job as soon as possible.

  • Workers with high-deductible medical plans are eligible
  • Funds can be used to pay for qualified medical expenses*
  • Payments are made with convenient checks. (The first check order is free.)
  • Earn competitive interest on deposits greater than $100
  • Funds remain in the account year to year. There's no use-it-or-lose-it penalty for unspent funds.
  • Tax savings include tax deductions when you contribute to your account, tax-free earnings and tax-free withdrawals for qualified medical expenses

When your employees open an HSA, they're eligible for the ScriptSave Prescription Drug Savings Program** (Group Number S1000) at no additional cost. ScriptSave has pre-negotiated discount prescription rates and passes those savings to members of the program. For more information, please contact us.

Page Disclaimers

* Consult your tax advisor.

**ScriptSave is not affiliated with Power Financial Credit Union.

Power Financial Credit Union serves members across South Florida with 8 full-service branches and offers convenient account access from anywhere using its secure Online Banking and highly-rated Mobile App.