Health Savings Accounts (HSA) are already a convenient way to save and cover future healthcare costs. Unfortunately, most HSA savings accounts only earn a modest interest rate – until now. Radiant Credit Union is pleased to offer members a new HSA Certificate allowing you to earn more competitive market rates on your savings.
HSAs already offer triple tax advantages with:
- Tax-deductible contributions to reduce annual taxable income
- Tax-free growth of any interest or investment
- Tax-free withdrawals for qualified medical expenses
Using an HSA certificate can be like a financial vitamin for your savings. Why consider an HSA certificate?
- An HSA certificate can offer a better interest rate than regular savings, so your savings can grow more quickly.
- Certificates are considered safe, low-risk investments and are insured up to certain limits.
- An HSA certificate lets you lock in a fixed interest rate ensuring predictable returns on your investment.