HEALTH SAVINGS ACCOUNT (HSA)

Rely on the "People You Know" at Dawson Co-op Credit Union for great service and competitive dividend rates to help you achieve your savings goals.

Health Savings Accounts are tax favored consumer savings arrangements for individuals and families covered by high deductible insurance plans.

A Dawson Co-op Credit Union HSA enables you to take control of your health care decisions. If offers you protection, affordability, savings and flexibility

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COVERDELL EDUCATION SAVINGS ACCOUNT (CESA)

• The Coverdell Education Savings Account (CESA) is designed solely to help pay education expenses.
• Unique advantages are:
  • Earnings are tax-free if used to pay for education expenses before the beneficiary reaches age 30, or later for a special needs beneficiary.
  • Earnings used for any other purpose are taxable to the designated beneficiary.
• It encourages a regular savings program for a child's education.
• People other than parents (for example, grandparents) can fund a child's Coverdell ESA.
• Funds can be moved from one family member's account to another.
• Contact us for more information