Skip to main content
#
Health Savings
Home
HSA Forms
Contributions
Distributions
FAQ
Interest Rates
Qualified Expenses
Additional Resources
Contact

C-Plant Credit Union is pleased to offer the Health Savings Account - a significant tool helping you to save and pay for your health care needs.

As health care costs continue to reach record highs, a Health Savings Account enables you to save for current and future medical expenses not covered by your present healthcare plan.

A Health Savings Account (HSA) is a savings account that allows individuals to pay for qualified out-of-pocket medical expenses using tax-free dollars. Unlike more traditional health care accounts, the funds in an HSA belong to the individual, not the employer or the health insurance company, and travel with the individual as they switch jobs, employers and health insurance companies.

Are You Eligible to Have an HSA?

Any adult can contribute to an HSA if they:

  • Have coverage under an HSA-qualified "high deductible health plan" - (HDHP.)
  • Are not covered by any other health plan that is not an HDHP (with exceptions for plans providing certain limited types of coverage.)
  • Are not yet enrolled in Medicare (generally, has not yet reached 65.)
  • Cannot be claimed as a dependent on someone else's tax return.

C-Plant Credit Union HSA pays a variable rate of interest. For your convenience, you may access the funds in your HSA account using the special CPlant Credit Union HSA debit card.

For additional information on the Health Savings Account, please contact a C-Plant Credit Union Associate. Our dedicated team will be happy to assist you in establishing an HSA with C-Plant Credit Union and answer your questions.

HIGH DEDUCTIBLE HEALTH PLANS AND EXPENSES RELATED TO COVID-19

IRS Notice 2020-15

 

C-Plant Credit Union 
118 Bleich Rd
Paducah, KY 42003 
270-554-0287

Information on this website is provided by HSA Clearing. 

C-Plant Credit Union  is not
responsible for its accuracy or its content.

C-Plant Credit Union may provide links to other web sites as a convenience to our customers. Once you leave the C-Plant Credit Union site via a link contained herein, C-Plant Credit Union  is not responsible for, and does not control the content of those sites. Portal features are provided by an outside source and C-Plant Credit Union  is not responsible for the content.


Copyright 2004-2023 by HSA Clearing