Health Savings Account (HSA) support

The maximum contribution amounts you can make to your HSA account (based on your coverage) are in the chart above. Please ensure that you meet the eligibility requirements to open an HSA account to contribute.

You can, but you’ll need to pay a 20 percent tax penalty for the total amount you withdraw.

Patelco Credit Union
HSA Department #25
3 Park Place
Dublin, CA 94568

Yes. Everyone who has an HSA or contributes to one is required to report: the account holder, employers, and the HSA’s custodian or trustee.

• Doctor visits
• Prescriptions
• Transportation to get to medical care
• Dental care
• Long-term care insurance
• Healthcare coverage when unemployed
• Certain continuation-of-benefit healthcare coverage
• Certain health insurance after age 65

See the complete IRS list of qualified medical expenses (PDF).

You can find your complete 14-digit HSA account number by logging into Patelco Online™ or the Mobile App and selecting your HSA account. Then select Account Details (or Show Details on the Mobile App) and look for Account Number for Direct Deposit and ACH Transactions. Full Patelco HSA numbers begin with “746” followed by zeroes (enough to make the full number 14 digits long), your Member Number, and a two-digit account type identifier.

For example, the complete 14-digit HSA account number for Member Number 12345 with HSA account suffix 80 is 74600001234580 (746 + 0000 + 12345 + 80)

You’ll need to use your complete 14-digit HSA account number when submitting requests for electronic contributions and/or electronic payments.

The check will be returned.
 
The IRS considers overdrafts as prohibited transactions.

Yes and no. Once you have Medicare, you can no longer make contributions to your HSA. You can still withdraw the funds for qualified medical expenses.