Medical Checking

Provides a checking option that allows you to save for medical and nursing home costs while reducing the amount of Idaho income tax you owe.

A Medical Savings Account (MSA) is an account intended to encourage savings for future medical expenses. Deposits to your MSA that are within the maximum contribution limit are tax-deductible for Idaho state income tax purposes. An MSA checking account works a lot like a regular checking account: you set aside money toward medical expenses, and you make withdrawals for eligible medical expenses, such as your monthly health insurance premium. There are a number of eligible, out-of-pocket expenses for which you can use your MSA savings. Stop by the Credit Union or give us a call for more information.