Health savings accounts

With a qualified high-deductible health care plan, a health savings account helps you save and pay for health-care costs. This tax-advantaged savings account allows tax-free withdrawals for qualified medical expenses.

HSA application Additional HSA forms

A doctor holding a piggy bank


Everence health savings accounts

Everence Federal Credit Union health savings accounts (HSAs) are designed to help you save and pay for medical expenses.
Child at an eye exam

HSA features

  • Tax benefits
    Contributions you make are tax deductible, withdrawals to pay for qualified medical expenses are tax free, and earnings are tax free. As long as you use the money in your account for qualified medical expenses, your earnings are never taxed.
  • Payment options
    Pay for qualified medical expenses on the spot with your HSA debit card or HSA checks.
  • Keep your balance
    There's no "use it or lose it" rule – the money in your account carries over from year to year.
  • Account options
    Choose the account that's right for you. With an investment HSA, account owners can designate some of their money for investing or you can choose a standard HSA.

Open a Health savings Account

Contact the National Branch with questions on opening an HSA.

HSA application Additional HSA forms

Everence Federal Credit Union

Attn: HSA administration
2160 Lincoln Highway E., Suite 20
Lancaster, PA 17602
Call or text: 800-451-5719
Fax: 717-735-833

Download the app: App Store | Google Play

Find an Everence Federal Credit Union near you.

Investment HSA information

Everence investment HSAs recently moved to be record-kept by our partner, Devenir. All transactions – such as changing funds, rebalancing or moving money – are now done through an updated web portal. This portal interacts seamlessly with Everence to move monies between your savings and investment account.

Fee for service

An annual fee of one-half percent (0.50%), with a $10 minimum and a $500 maximum annual fee, will be charged. 

New mutual funds

You can invest in Environmental, Social and Governance funds (ESG funds), or you can choose to invest in unscreened funds. Please download the 'HSA investment options" table or learn more on the 'fund performance dashboard.'

HSA investment options Fund performance dashboard

Helpful resources

  • Portal overview
    This video covers the features of the new investment portal.
  • HSA guided portfolio overview
    This video covers the features of the HSA guided portfolio tool.
  • Contact us
    If you have questions, please call us at 800-451-5719.


HSA frequently asked questions

How much can I contribute to my HSA each year?

The type of coverage (individual or family) you have under your qualified high-deductible health plan determines how much you may contribute to your HSA. The maximum annual contribution limit for an account owner with single coverage is $3,600 for calendar year 2021 and $3,650 for calendar year 2022. The maximum annual contribution limit for an account owner with family coverage is $7,200 for calendar year 2021 and $7,300 for calendar year 2022.

What expenses can I pay for with HSA money?

Eligible medical expenses are what you pay for certain types of medical care1 for yourself, your spouse and your dependents – to the extent such amounts are not covered by insurance or otherwise reimbursed. IRS Publication 502 lists many of the expenses for medical care (as defined under Section 213(d) of the Code) that are eligible for reimbursement from an HSA.

Eligible expenses (PDF) IRS Publication 502

How can I make tax-deductible HSA contributions?

  • Contribute directly to your HSA using after-tax dollars and report your contributions when you file your taxes.
  • Make contributions to your HSA through a Section 125 plan (if offered by your employer), using pretax dollars.


Monthly HSA administration fees apply and are listed in our fee schedule

1 Qualified medical expenses are defined by the Internal Revenue Code (IRC) section 213(d).