Welcome to E Federal Credit Union's ExpertWeb for HSAs

If you’re looking to take control of your healthcare expenses and save for the future, you’ve come to the right place!  You can calculate which health plan is best for you, open a Health Savings Account (HSA) online, and compare care providers and costs.  An HSA is a tax-preferred account designed to help you save and pay for eligible medical expenses.  With an HSA, you enjoy the following advantages:

• Triple Tax Savings
  Tax-free deposits up to a federally established annual limit (similar to an IRA), tax-free dividend accrual, and tax-free withdrawals for a vast range of eligible medical expenses — including over-the-counter medications and many types of non-traditional treatments.
  
  
• Lower Insurance Premiums
  With the High Deductible Health Plans (HDHPs) that accompany HSAs, you’ll see a marked decrease in your monthly premium.
  
  
• Annual Rollover
  There is no “use it or lose it” penalty with HSAs. Your HSA funds roll over from year to year.
  
  
• Portability
  It doesn’t matter if you change jobs, insurance plans, or even marital status — your HSA belongs to you!
  
  
• Control
  You are in charge.  You decide where to open your HSA, how much to contribute, when and how much to withdraw, and when and where to invest your earnings.  With our Care Counselor online tools, you can comparison shop for healthcare just as you would for a car.
  
  
• Flexibility
  Anyone can contribute to your HSA — you, your employer, even a third party.  You can also use your HSA funds to pay for eligible medical expenses for family members not covered under your health plan.