Skip to main content

Health Savings Account

It’s just what the doctor ordered! A way to save money for your medical needs.

Open an Account

Or call 1-855-440-4472

Health Savings Account (HSA) Dividend Rate  APY 
$0.01- $2,499.99 0.10% 0.10%
$2,500.00 - $9,999.99 0.30% 0.30%
$10,000.00 - $24,999.99 0.30% 0.30%
$25,000.00 and Above 0.49% 0.50%

Health Savings Account Annual Percentage Yield (APY) effective as of November 1, 2024, and may change after account opening without notice. An APY of 0.10% applies to accounts with balances from $0.01 to $2,499.99; An APY of 0.30% applies to accounts with balances from $2,500.00 to $9,999.99; and from $10,000.00 to $24,999.99; An APY of 0.49% applies to accounts with balances of $25,000.00 and above. Fees may reduce earnings.

Health Savings Account

A tax-free medical savings account for people enrolled in a high-deductible health plan.

KEY FEATURES

  • Contributions can be made by you, your employer, or other individuals
  • Funds will not be taxed if used for qualified expenses
  • At year-end, the remaining funds carry over for use in future years
  • Tiered dividend rates that increase as your account balance grows
  • Dividends earned on ending daily balances and posted monthly
  • Comes with the Elements HSA Visa® debit card to use for your qualified purchases
  • Online portal for account management and safekeeping of your paperwork and receipts — accessible through online banking or the mobile app

MAY BE A GOOD CHOICE IF

  • You have a high-deductible health plan (HDHP)
  • You want a safe and convenient way to pay for health expenses
  • You want to save for future medical expenses on a tax-free basis

Open an HSA

Health Savings Accounts 101

If you’d like to better understand how you and your family can take full advantage of your Health Savings Account, visit our HSA Welcome Kit page on our website. It’s full of helpful information about HSAs, including eligibility, funding your HSA, paying for healthcare, taxes, investment options, how to use the HSA Portal, and more.

 

View the HSA Welcome Kit

I am glad that my workplace partners with Elements for our HSA. The online portal is so easy to use and saves me tons of time.

- Chris D. | Member since 2018

How Much Should I Save to Reach My Goal?

Savings Calculator

Results