Health Savings CDs
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Health Savings CDs

A Health Savings Certificate of Deposit allows you to transfer money from your First Federal Health Savings Account to save for future health expenses and earn a fixed rate for the term of the CD. Money can be transferred back during the renewal period when needed. It's a great way to make the most of your Health Savings money when your not using it.

Summary
  • Fixed interest rates
  • 1 deposit/withdrawal during renewal period
  • Penalty for early withdrawal*
  • Open with as little as $250
  • Term from 3 months to 5 years

Take a look at our rates.

Health Savings CDs are subject to all IRA rules and regulations

*3-month interest penalty for early withdrawals from 3 to 12 month CDs. 12-month interest penalty for early withdrawals from CDs with terms greater than 12 months.

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