Notice: Tulane is partnering with Verifi1 to conduct a dependent eligibility audit for medical, dental, vision, and life insurance plans. Emails from NoReply@Verifi1.com and mailed letters are legitimate and part of an official university initiative. All required documentation must be submitted to Verifi1 by September 5, 2025. Read the full announcement here. 

Health Savings Account (HSA)

Let’s Break It Down

  • You and Tulane can add funds to the HSA that aren’t subject to federal income taxes (up to IRS limits).
  • Use HSA dollars to pay qualified medical expenses.
  • Your account can earn interest tax-free and unused funds roll over year to year.
  • If you leave Tulane or retire, the HSA is yours to keep (portable).

2025 Contribution Limits & Tulane Contribution

Coverage Level2025 IRS Contribution LimitTulane ContributionYour Maximum Contribution
Employee Only$4,300*$500$3,800
Family$8,550*$1,000$7,550

*If you reach age 55 by December 31, you may contribute an additional $1,000 (catch-up). Federal tax rules shown; state taxes may vary.

Health Savings Account (HSA)

HealthEquity administers HSAs, FSAs, and HRAs for Tulane. If you enroll in the High-Deductible Health Plan (HDHP), you’ll also be enrolled in an HSA. Think of it as a personal savings account for health care expenses with powerful tax advantages. Unused funds roll over and may be invested once eligible.

You can contribute to your HSA through tax-free payroll deductions.

How It Works

  • Use HSA funds: Pay for eligible health care services directly from your account.
  • Cover the deductible: You pay 100% of eligible costs until the plan deductible is met.
  • Then coinsurance: After the deductible, you pay a percentage of costs until the out-of-pocket maximum is reached.

Save & Invest for the Future

  • Let your HSA balance accumulate year over year.
  • Invest your HSA balance after reaching the current $1,000 investment threshold.
  • Use tax-advantaged funds for eligible expenses now or in retirement.
     

TIAA + HealthEquity Integration

  • View and manage your TIAA accounts alongside your HSA.
  • Easily switch between TIAA and HealthEquity on tiaa.org.
  • Use the HealthEquity member portal to actively manage your HSA.

Tulane University Wellness Contribution

Employees enrolled in the HDHP can earn up to $500 (employee-only) or $1,000 (family) per year in university HSA contributions by completing designated wellness activities during the year.

Timing and eligibility rules apply; see program materials for specifics.

Notes & Disclaimers

  • Tax references above are federal; state rules may vary.
  • Investment options and thresholds follow HealthEquity policy.
  • See plan documents for full eligibility and qualified expense details.