Health Savings Account (HSA)
Health Savings Account (HSA)
Gulf Coast Educators Federal Credit Union (GO LOCAL)
A Health Savings Account (HSA) is designed to take advantage of Section 125 of the Internal Revenue Code. It allows you to pay certain qualified expenses on a pre-tax basis, thereby reducing your taxable income. If you currently have a High Deductible Health Plan (HDHP), a Health Savings Account may be the perfect option for you. Convenient and tax-advantaged, HSAs help offset high deductible health plans, such as TRS ActiveCare HD.
*You may start, change or stop contribution, at anytime throughout the plan year. To do so, please email Benefits at benefits@pearlandisd.org.
*If you are enrolled in Medicare Part A and/or B, you will not be able to contribute.
Type of Coverage |
Max Annual Contribution Limit |
Max Annual Contribution Limit |
| Single | $4,400 (2026) | $4,500(2027) |
| Family | $8,750 (2026) | $9,000 (2027) |
| Catch-Up (Age 55+) | Additional $1,000 |
Forms
2025-26 Plan Year:
How-To Request Reimbursement
If you made a purchase that qualifies as an eligible medical expense, but didn’t use funds from your HSA, you can request a reimbursement from your HSA. If you do need to submit a reimbursement, you can now easily do so through online banking or the mobile app.
- Login to your account
- Go to the “Transfers” tab
- Select the option to transfer funds either internally to your GCEFCU account or to add an external credit union or bank account.
- Add a memo to the transfer for record keeping purposes to easily track the purpose of the reimbursement.
- *Be sure to keep track of your receipts to verify your qualified medical expense in the event of an IRS audit
To Transfer Funds from HSA Bank to GCEFCU:
- Complete Pre-filled form: https://www.texaseducatorshsa.com/partner/pearland-isd/
Update/Change Your HSA Contribution Amount:
Benefits Insurance - Updating my HSA Election – Fill out form
Contact
Classroom Mini Grants
Get the semester started right with a Classroom Mini Grant!
If you have great ideas that would help engage your students, you can enter to win by telling GCEFCU how you intend to use the funds, should you be awarded a Classroom Mini Grant..
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