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 account application Additional HSA forms

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Everence health savings accounts

Everence Federal Credit Union health savings accounts (HSAs), administered by Everence Insurance Company, 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 investingor you can choose a standard HSA.

Open a Health savings Account

Contact a service representative for assistance with opening an HSA.

HSA account application Additional HSA forms

Return completed forms to your local branch or to HSA services.

Everence Federal Credit Union

HSA services
1110 N. Main St.
P.O. Box 483
Goshen, IN 46527
T: 800-348-7468 ext. 2460
F: 574-537-3627

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Find an Everence Federal Credit Union near you.


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 HSA maximum contribution levels are adjusted each year by the Internal Revenue Service. 

What expenses can I pay for with HSA money?

Qualified medical expenses are the amounts you pay for certain types of medical care2 for yourself, your spouse and your dependents – to the extent such amounts are not covered by insurance or otherwise reimbursed.

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 A $3 monthly administrative fee is charged with an investment HSA. 

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