A Retirement Care Account (RCA) is CME Federal Credit Union’s exclusive savings account that offers retirees and active first responders a solution to budget, save and help pay for their health care expenses.
No Set Up or Annual Fee
No Minimum or Maximum Balance
Post Tax Deposits via Payroll or Checking
Competitively Tiered Money Market Rates
FREE Online Bill Pay
For new members CME will fund the $5 deposit to your savings account
Rolls over year after year, so if you don’t spend it on health expenses in a given year, it stays in your account for next year!
If the money in your HSA has not been spent by the time you reach age 65, it can be withdrawn like IRA funds. So it grows tax-free