Health Savings Account

Health Equity

HealthEquity is GVSU's current Health Savings Account (HSA) provider. If you have any questions regarding your HSA, you can reach HealthEquity at (866) 346-5800.

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Health Savings Account (HSA) Contribution Limits for 2024

For the 2024 calendar year, the annual limitation on deductions under § 223(b)(2)(A) for an individual with self-only coverage under a high deductible health plan is $4,150. The annual limitation on deductions under § 223(b)(2)(B) for an individual with family coverage under a high deductible health plan is $8,300. Participants 55 years of age and older are eligible for an additional $1,000 catch-up contribution.

If you are interested in changing your current contribution amount, login to your Workday profile and follow the Update HSA Contribution Job Aid.


HSA Investment Account

If you're a long term saver looking to grow your HSA for future health care costs, HealthEquity's HSA Investment Account may be for you. This account gives you the option to invest your excess HSA funds in mutual funds, giving you the potential for extra growth in your HSA. 

For additional information including account fees, rates and features, please visit HealthEquity's HSA Investment Guide


Additional Information



Page last modified March 11, 2024