OpenLoop
Open an HSA
HSAs now available for ACA Bronze plan members

A $25 1
Health Savings Account (HSA) match awaits your spouse or young adult

Paired with a qualifying high-deductible health plan, HSAs help you save for healthcare costs and build financial security. Encourage your spouse or young adult to open an HSA with at least $25—we’ll match it with $25.

Enroll now

HealthEquity does not verify whether you meet the eligibility criteria per IRS publication 969 to open and contribute to an HSA. You must verify your own eligibility status before you proceed.

Benefits to family members

Triple tax advantages

Contributions are tax-deductible, plus account growth and disbursements for qualified medical expenses are tax-advantaged. Funds can be used for healthcare costs now and later.2

See Qualifying Expenses 
Savings for a spouse

Have a spouse age 55+? They may be eligible to make an added $1,000/year catch-up contribution. In 2025, married couples could save up to $10,550 combined.3

Smart for young adults

Your young adult can build a financial safety net early while they transition to independence. Funds roll over year after year with no expiration.

HSA eligibility

 
Your spouse may open an HSA if they:
  • Have a qualified high-deductible health plan (HDHP)
  • Are not enrolled in other plans such as an FSA, HRA or Medicare
  • Are not claimed as a dependent on another tax return
Your young adult may open an HSA if they4:
  • Are no longer claimed as your tax dependent
  • Have a qualified high-deductible health plan (HDHP)
  • Have no other disqualifying coverage (like a general-purpose healthcare Flexible Spending Account)

Open in minutes.
They’ll thank you for years.

It’s easy for family members to sign up for an HSA. We’ll match the first $25 contribution in each account.

Get $25, on us

1 Sign up online

We’ll collect some information about your spouse or young adult and verify their account(s).

2 Connect your bank

A bank account can be linked through a secure financial platform.

3 Contribute $25, we’ll match it

Open a new account, make a contribution of $25, and we’ll contribute another $25.1

Start HSA sign-up

More affordable healthcare for the people you love

Once your spouse or young adult has an HSA too, your whole household can enjoy tax-advantaged healthcare savings. Plus, each gets $25 on us with the first $25 contribution.

Enroll now

1 The $25 match is a limited-time offer, subject to change or termination at any time. If you currently have active HDHP coverage: To receive the match, you must contribute $25 or more to your HSA within 15 days of opening the account, and maintain a minimum balance of $25 and keep your account in good standing for at least 90 days after opening the account.

If your HDHP coverage hasn’t started yet: You may qualify for HSA contributions on or after your plan’s effective date. To receive the match, you must contribute $25 or more no later than 15 days after your plan’s effective date, and maintain a minimum balance of $25 and keep your account in good standing for 90 days after your plan’s effective date.

All contributions, including the one-time $25 match, count toward your annual HSA contribution limit as established by the Internal Revenue Service (IRS) for the applicable tax year. You are solely responsible for ensuring that your contributions do not exceed IRS limits, and HealthEquity is not liable for contributions that exceed those limits. Participation in this promotion is optional and does not affect other rights or benefits under your HSA. HealthEquity reserves the right to cancel, suspend or modify this promotion at any time and in our sole discretion.

2 HSAs are never taxed at a federal income tax level when used appropriately for qualified medical expenses. Also, most states recognize HSA funds as tax-deductible with very few exceptions. Please consult a tax advisor regarding your state’s specific rules.

3 Catch Up Contributions: HSA eligibility and contribution limits are determined by the IRS. To contribute – including the $1,000 catch-up contribution available beginning at age 55 – an individual must meet the eligibility requirements under IRC §223(c)(1) (e.g., be covered by a qualified high-deductible health plan and have no disqualifying coverage) and may not be claimed as a tax dependent under IRC §152. Each eligible spouse must have their own HSA to make catch-up contributions, and HSA contributions must stop once an individual enrolls in Medicare. If both spouses are HSA-eligible under family coverage, the annual contribution limit applies to both of you together and must be shared between your HSAs; please consult your tax advisor for guidance on allocation.

4 Young Adult Eligibility: HSA eligibility is determined by the IRS. To be eligible to open and contribute to an HSA, an individual must meet the requirements in Internal Revenue Code § 223(c)(1), which includes being covered under a qualified high-deductible health plan and having no disqualifying coverage. In addition, an individual who can be claimed as a tax dependent under Internal Revenue Code § 152 is not eligible to open an HSA (IRC § 223(b)(7)). Once a young adult is no longer claimed as a tax dependent and continues to meet the other HSA eligibility requirements, they may open and contribute to their own HSA.

HealthEquity does not provide legal, tax, or financial advice. Please consult a qualified tax professional to understand any potential tax consequences related to receiving this matching contribution.