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Quiz

Is an HSA right for you?

  • Do you have a high deductible health plan?
    • What is a high deductible health plan?
      • A high deductible health plan has lower premiums and higher deductibles than a traditional insurance plan. If you’re not sure if you have one, you can check with your insurer. Do you have expensive medications that you need to pay for?
        • Yes
          • An HSA may not be right for you at this time.
        • No
          • An HSA is probably a great fit for you.
    • Yes
      • Do you have expensive medications that are covered through a co-pay by your insurance?
        • Yes
          • Even if you have a high deductible health plan, you still may not be eligible for an HSA. Double check with your insurance before signing up with us.
        • No
          • An HSA is probably a great fit for you.
    • No
      • An HSA may not be right for you at this time.

What Is It?

Health Savings from Yolo Federal

Worried about covering healthcare costs? If you’ve got a high deductible health plan, you’re likely eligible for a Health Savings Account (HSA). An HSA lets you save money tax-free* and use it to pay for medication, hospital bills, and more.

*Check with your tax advisor

Why Yolo Federal

Get a better deal on healthcare

  • Tax-deductible
  • Withdrawals for medical expenses are tax-free
  • VISA® check card for easy withdrawals
  • Unlimited check writing

Rates & Fees

Health Savings

Minimum Daily Balance Dividend Rate Annual Percentage Yield
$0 0.01% 0.01%
$1,000 0.01% 0.01%
$5,000 0.01% 0.01%

Effective Date: December 1, 2017. Last Dividend Declaration Date: November 30, 2017.

Dividends paid from current income and available earnings after required transfer to reserves at the end of the dividend period. Rates are subject to change without notice as determined by the Credit Union’s Board of Directors. Fees could reduce earnings on accounts. Some restrictions may apply.

Savings Calculator

Total Savings