Health Savings Account (HSA)
An HSA through Missoula Federal Credit Union is a fantastic option for setting aside funds to pay for healthcare costs that you can anticipate and those that may arise. To qualify you must be part of a high deductible health insurance plan with no other coverage including Medicare, no disability insurance and cannot be claimed as a dependent. MFCU provides debit cards to HSA account holders to conveniently pay for healthcare expenses directly. The funds you contribute are exempt from Federal taxes. If you have specific questions or would like to set up your HSA, come by any MFCU branch to get started.
Montana Medical Savings Account (MSA)
The Montana Medical Savings Account Act allows Montanans to save money for medical expenses and long-term health care and reduce their state income taxes at the same time. MFCU can help qualifying members set up an MSA. Just come by any MFCU branch to open your MSA.