Healthcare Savings Account – HSA- HDHP through Spending Account Service Center

Everglades College Inc. dba Keiser University & Everglades University, is contributing $240 annually for an individual or $480 annually for family, the annual amounts are prorated ($10 per pay period for an individual / $20 per pay period for family). According to treasury regulations, you are allowed to revoke or change your HSA contribution election throughout the year. Any unused funds in your HSA will roll over annually. Additionally, your account is portable, which allows you to take your funds with you from job to job or at retirement.
Important! The IRS allows an annual maximum contribution to your HSA. Below are the annual maximum contributions for 2026.
To be eligible to contribute into an HSA account, you cannot:
• Be covered by any other non-HSA-compatible health coverage plan, including, but not limited to, a Traditional Medical FSA or an HRA held by a spouse or partner.
• Be claimed as a dependent on another person’s tax return (excluding spouses).
• Be “entitled” (enrolled in) to Medicare (A, B, C, or D).
– Be aware – if you delay Medicare Part A enrollment after turning age 65, your Medicare Part A coverage will begin up to 6 months retroactively but not earlier than Medicare eligibility.
– Receiving Social Security benefits causes automatic Medicare Part A enrollment when eligible.
• Have prior year FSA dollars carryover / rollover into a current year general purpose FSA.
• Have a positive general purpose FSA grace period balance.

Frequently Asked Questions
How do I contribute to my HSA? You can make a contribution to your HSA through payroll deduction by requesting that your employer deduct a set amount from your paycheck.
When can I start to use the funds in my HSA? Once your account is open and you have available funds from a personal or company contribution, you can start using your HSA for eligible expenses. As soon as funds are deposited, you are 100 percent vested and in control of the funds.What happens to my HSA if I leave my employer? You can keep your current HSA or transfer your funds to another qualifying HSA. If you choose to transfer your funds to a new HSA, you should complete the transfer within 60 days of withdrawing the funds in order to avoid taxes and an additional 20 percent penalty.

NOTE: you must be enrolled in an HDHP to continue to contribute to your HSA. Please consult your tax professional for any personal tax advice.
2026 New Limits: 
Single $4,400
Family $8,750
Catch Up provision if age 55 or Older $1,000