Enrolling in an HSA
How to Enroll
Enrolling in a Health Savings Account (HSA) is easy. There are two types of enrollment:
- Employer enrollment - If a Further HSA is part of your employer's benefit offerings, you can open an HSA under your employer's group. With an employer HSA, you can contribute directly from your paycheck and take advantage of an HSA's pre-tax benefits. Talk to your employer about how to enroll.
- Individual enrollment - If you have an HSA qualified health plan, you can open an HSA individually.
Enrolling is easy. Simply visit our online enrollment page. You can also find a mail-in form at the bottom of this page.
Why Enroll?
It’s best to set up and begin funding your HSA early in your plan year – even if you don’t intend to use it right away. That’s because medical expenses incurred before your HSA is active are not eligible to be reimbursed.
Your account is not considered active until a contribution has been made.
Setting up and using an HSA makes a lot of sense. It’s an easy and convenient way to pay for your eligible medical expenses, enjoy tax savings and earn tax-free interest on your account balance, too.
Further is the right choice because:
- Experience – Since 1989 we’ve been focused solely on medical account administration, serving clients and individual account holders in all market segments across the country.
- Choice – Further offers a range of HSA account options with varying administrative fees and market- leading interest rates on account balances.
- Service – Our team of specially trained HSA experts are here to support you. In a recent survey, over 90% of Further customers were either satisfied or extremely satisfied with the service they received. Give us a call at 800-859-2144. Our call center is open 7 a.m. to 8 p.m. Central Time, Monday through Friday.
- Convenience – Access your HSA funds quickly and easily with the Further debit card or choose other convenient reimbursement options like online or mobile reimbursement with direct deposit or crossover (automatic claim reimbursement). The Further mobile app gives you on-the-go access to your accounts with the option to sign in with your fingerprint.
- Investments – Once you reach a minimum of $1,000 in your account, you can invest the amount over $1,000 into mutual funds selected by Devenir Investment Advisors LLC for Further. Once you have $10,000 in investments an optional self-directed HSA brokerage account is also available.
Qualifying Health Plans
To be eligible to open an HSA, you need to be enrolled in a high-deductible health plan (HDHP) that meets IRS guidelines for annual deductibles and out-of-pocket maximum as outlined below.
2025 Requirements
| Single | Family | |
|---|---|---|
|
Minimum annual deductible An individual (embedded deductible) on a family policy cannot be less than the minimum family deducible amount listed established by law |
$1,600 | $3,200 |
|
Out-of-pocket maximum The maximum for the health plan cannot exceed these amounts |
$8,050 | $16,100 |
2026 Requirements
| Single | Family | |
|---|---|---|
|
Minimum annual deductible An individual (embedded deductible) on a family policy cannot be less than the minimum family deducible amount listed established by law |
$1,650 | $3,300 |
|
Out-of-pocket maximum The maximum for the health plan cannot exceed these amounts |
$8,300 | $16,600 |
All services must apply toward the deductible (including prescription drugs), with the exception of preventative care services.
Requirements:
- You cannot be claimed as a tax dependent by someone else
- You cannot be enrolled in Medicare or Tricare.
- You cannot be covered under a health plan (as an individual, spouse, or dependent) that is not an HDHP
- If you are also covered by a medical flexible spending account (FSA), it must be a limited FSA, covering only vision and dental expenses.
This applies even if the FSA is in your spouse's name. - If you are also covered by a health reimbursement arrangement (HRA), it must be a limited HRA, covering only vision and dental expenses.
This applies even if the HRA is in your spouse's name.
If you are not sure if your plan is HSA compatible, please contact your insurance company.
Other Benefit Plans
You may enroll in the following types of plans while maintaining your HSA eligibility:
- Accident coverage
- Disability coverage
- Dental and vision care
- Long-term care insurance
- Insurance for a specified disease or illness
- Insurance that pays a fixed amount per day (or other period) of hospitalization
- Insurance in which the coverage relates to liabilities from workers’ compensation laws, torts or ownership or use of property (such as automobile insurance)