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Open a Health Savings Account today.


Key Features

  • Premium Rates
  • No Monthly Service Charge
  • Tax Advantages1

Healthcare costs are on the rise. INOVA can help! 

Rising healthcare and prescription costs are a constant worry for families.  If you have an HDHP (high deductible health plan) you may be eligible to open a Health Savings Account*.

A Health Savings Account (HSA) is an option to help manage your financial, physical, and mental health. Health Savings Accounts can offer benefits such as:

  • Tax-advantaged saving and spending on qualified healthcare expenses.
  • Funds roll over year-to-year and can boost retirement savings.
  • Easy access to your money with an INOVA H.S.A. Visa® debit card.

Additional benefit provided by Visa

Some employers may offer a set amount or make matching contributions. Does yours?

As healthcare costs rise, you’ll be ready with a Health Savings Account with INOVA Federal.

*If you are a qualified member of a High Deductible Health Plan, you may be eligible to open a Health Savings Account. Refer to the Internal Revenue Service (IRS) for eligibility requirements and contributions/withdrawal limits or contact your tax advisor for additional information.  You can withdraw funds at any time for any purpose. However, if funds are withdrawn for reasons other than qualified medical expenses, the amount withdrawn will be included as taxable income, and is subjected to a 10% penalty.

Visa Account Updater (VAU) Opt Out Form