Health Savings Account (HSA)
A tax-advantaged Health Savings Account (HSA) that helps you save for medical expenses now and in the future. Whether you're covering a doctor's visit or planning for a family's healthcare costs, this account gives you a safe, interest-earning place to grow your money. Earn 2.00% APY with no minimum balance.¹
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What is a Health Savings Account?
A Health Savings Account (HSA) from Advia is a tax-advantaged medical savings account for members enrolled in a high deductible health plan (HDHP). It's one of the simplest ways to set aside money for qualified medical expenses, lower your taxable income, and build health savings that grow year after year.
- Earn 2.00% APY with interest paid monthly¹
- No minimum balance
- Free Health Savings Account (HSA) Debit Card
- Funds in your HSA account don't expire, they roll over year after year
- Federally insured by NCUA up to $250,000 per depositor
- 24/7 access through Digital Banking
Why open a Health Savings Account?
An HSA is more than a place to save for healthcare. It's one of the most tax-efficient accounts you can own:
- Save for qualified medical expenses with pre-tax dollars
- Enjoy a triple tax advantage — deductible contributions, tax-deferred growth, and tax-free withdrawals for qualified medical expenses
- Cover current healthcare costs with a free HSA Debit Card
- Keep every dollar — HSA funds don't expire and are yours to keep
- Build long-term, tax-advantaged savings you can even use for healthcare in retirement
- Choose the coverage that fits you — self-only (individual) or family
HSA vs. FSA: What's the difference?
Both a Health Savings Account (HSA) and a flexible spending account (FSA) let you pay for healthcare with pre-tax dollars, but there are meaningful differences. Here's how they compare:
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01 Money Market Col 1
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Advia Health Savings Account (HSA)
|
Typical FSA
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|---|---|---|
| Ownership |
Yours to keep — the account goes with you |
Typically employer-owned |
| Rollover |
Funds don't expire; roll over every year |
Often "use it or lose it" |
| Required health plan |
Requires a high deductible health plan (HDHP) |
No HDHP required |
| Earns interest |
Yes — 2.00% APY¹ |
Typically no |
| Portability |
Stays with you if you change jobs or plans |
Usually forfeited when you leave |
| Contribution changes |
Adjust anytime within IRS limits |
Set annually |
Because your HSA is yours to keep and never expires, it's a powerful long-term savings tool as well as a way to pay for today's qualified medical expenses.
How a Health Savings Account (HSA) works:
A few simple steps to start saving on healthcare.
Confirm you're enrolled in a high deductible health plan (HDHP). Check with the IRS for eligibility and contribution limits.
Open your HSA account by contacting us, scheduling an appointment, or visiting any Advia branch
Add money anytime. Contributions are tax-deductible and lower your taxable income.
Pay for qualified medical expenses tax-free with your free HSA Debit Card and let the rest grow with 2.00% APY¹
Estimate your tax-advantaged savings with a Health Savings Account:
Ready to start saving on healthcare with a Health Savings Account?
Open your HSA account today. Whether you're saving a little or a lot, we're here to help you get started.
Frequently Asked Questions
An HSA is a tax-advantaged medical savings account that lets you set aside pre-tax money for qualified medical expenses. Contributions are tax-deductible, your balance grows tax-deferred, and withdrawals for qualified medical expenses are tax-free. To open one, you generally need to be enrolled in a high deductible health plan.
The biggest difference in the HSA vs FSA comparison is ownership and rollover. Your HSA is yours to keep, the funds don't expire, and the account travels with you. An FSA is typically employer-owned with a "use it or lose it" rule, and doesn't require a high deductible health plan.
HSA contribution limits are set each year by the IRS and depend on your coverage type — self-only (individual) or family — under your high deductible health plan. A self-only HSA is for members with individual HDHP coverage, while a family HSA covers your family and comes with a higher annual limit. Members 55 and older may be able to make additional catch-up contributions. Check with the IRS for the current year's limits.
Withdrawals for qualified medical expenses — such as doctor visits, prescriptions, and dental and vision care — are always tax-free, even for expenses from prior years, as long as your HSA was already established. Non-qualified withdrawals before age 65 are generally subject to income tax plus an IRS penalty. After age 65, non-medical withdrawals are taxed as income without the additional penalty.
You can open an HSA account by contacting us, scheduling an appointment, or visiting any Advia branch. If you're not yet a member, join Advia first to access our full range of financial advantages.
Save beyond healthcare.
Your HSA covers medical expenses. Pair it with other savings accounts for the rest of your financial goals.
- Advantage Plus High Yield Savings — Earn up to 3.75% APY for your primary savings with Advantage Plus Rewards2
- Secondary Savings — Create dedicated accounts for emergencies, vacations, or other goals
- Holiday Club Savings — Save year-round for holiday spending — funds available November 1
Still have questions about opening a Health Savings Account?
- Annual Percentage Yield (APY) is accurate as of 03/01/2025. Dividends will be compounded and credited monthly based on daily average balance. For example, the beginning date of the first dividend period of the calendar year is January 1, and the ending date of such dividend period is January 31. All other dividend periods follow the same pattern of dates. The dividend declaration date is the last day of the dividend period and for the example above is January 31. If an account is closed before dividends are credited, accrued dividends will not be paid. Limited one per primary member. Not available for Business Accounts. Members are responsible for determining their qualifications for an HSA. Coverage type, self-only or family coverage, is determined by the member's health insurance plan. Members should consult with their insurance provider and qualified tax advisor with eligibility questions.
- 3.75% APY paid on balances of $10,000 or above when Advantage Plus qualifications are met. A minimum average daily balance of $10,000 is required to earn dividends. Balances meeting the minimum balance requirement but not Advantage Plus qualifications earn 0.05% APY. No minimum balance to open. See adviacu.org/APlus for qualifications. Annual Percentage Yield (APY) is accurate as of 10/01/2026.
All offers and rates are subject to change at any time. Restrictions apply.