October is Cybersecurity Awareness Month! Remember, TCU will NEVER call, email or text you to ask for your personal or account information. Learn more
Click here to learn more about our Coronavirus relief measures and safe banking practices.
A Health Savings Account (HSA) is a tax-free account that allows you to conveniently save and pay for your health care expenses. Not only does an HSA help you save for your future, but it also lowers your current taxable income. Plus, the HSA funds you do not use will remain available in your account and will continue to earn interest at TCU’s competitive interest rate.
And don’t forget, no taxes are taken out of the money you contribute to the HSA, the interest you earn, or the withdrawals that are qualified eligible expenses.
Contributing to your HSA
The amount you can add to your HSA each year is set by federal regulations. The deadline for contributions for the current year is typically April 15th of the following year.
2019 Contribution Limits*
• $3,400/$3450 individual
• $6,750/$6900 family
* Taxpayers who are 55 or older in 2019 may contribute an additional $1,000, or a total of $4,500 for individuals and $8,000 for families.
Certain fees, conditions and membership requirements apply. See Products and Services Details for more information.
Teachers Credit Union is not responsible for accuracy, security, content, or services offered by other websites; we encourage you to view privacy & security disclosures of all websites you visit as they may be different than those of Teachers Credit Union.
If you're between the ages of 14 and 17, you and a parent/legal guardian can open your Student Rewards Checking by visiting your nearby TCU branch. Be sure you each bring two forms of valid ID. You can find a list of acceptable IDs here.
Yes, I am.
Great! Click here to get started.
No, not yet.
No problem! Click here to become a member first.
🖶 Print/Download as a PDF
Developing a budget based on your monthly income, expenses and savings is the first step.
Even a small, regular contribution toward your retirement has the potential to grow into a large nest egg.
It is important to build up your savings to cover emergencies and to plan for your future. As a general rule, you should maintain enough savings to cover three to six months of your regular expenses.
Want to know more? Call or visit your local TCU service center or book an appointment when it's convenient for you.