Many employers offer the health coverage option of a high-deductible health plan (HDHP) that can be paired with a Health Savings Account (HSA). HSAs offer investors the opportunity to use their funds to pay for qualifying medical expenses. Contributions are tax-deductible, earnings grow tax-free and withdrawals are tax-free for qualified medical, dental and vision expenses.
Please note that the HSA FlexPlus Certificate is not available to investors in South Carolina.
For complete disclosure information, see the Offering Circular or request a copy by calling 800-843-5233. Fees (PDF) may be charged for customer-initiated service requests.
* The State of Washington has adopted a regulatory position that currently prohibits residents of Washington State from opening a new investment unless they are already an LCEF investor.
LCEF’s HSA FlexPlus Certificate earns interest while allowing easy access to funds. The difference between HSAs and other medical savings accounts is that the funds carry over year to year with no “use it or lose it” requirement.
Not all HDHPs are compatible with LCEF’s HSA FlexPlus Certificate, so please check with your employer or health insurance provider.
Need to know more about HSAs? Visit our HSA Service Center to learn more.
Neither LCEF nor its representatives give legal, accounting or tax advice. We always suggest that you consult with your tax advisor regarding the applicability of this information to your own situation. For assistance in completing the necessary forms or if you have any questions, please call 800-843-5233.
UMB Bank n.a. serves as the custodian of the LCEF IRA/HSA Programs.
Call the UMB Card Center at 866-520-4472.
Visit IRS.gov for Publication 502.
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As a consultant for Capital Funding Services (CFS), Randy enjoys assisting the Lord’s people in experiencing the joys of generosity. He is a firm believer in the Scriptural truth that “whoever sows bountifully will also reap bountifully” (2 Corinthians 9:6). He says, “Stewardship is simply reflecting the image of our generous God, who has blessed us in Christ with every spiritual blessing.” His leadership has encouraged his congregation to provide generous support for ministries locally, regionally, nationally and internationally.
Randy has been a parish pastor for 35 years. For the past 28 years, he has been serving First Immanuel Lutheran Church, Cedarburg, Wisconsin. Leading a large congregation has enabled him to experience six capital campaigns, allowing him to provide great insights to pastors in capital campaigns and stewardship.
Randy has served Concordia University Wisconsin as an adjunct professor of theology for 26 years. In 2010, the university awarded him the honor of “Distinguished Alumnus.” He has also served 12 years on the South Wisconsin District Board of Directors, including six years as Board Chair and First Vice President of the district. He conducts seminars on generosity and provides encounters for parish pastors to discuss cultural issues and the church’s impact.
Randy resides in Cedarburg, Wisconsin, with his wife, Diana, who is the South Wisconsin District’s Lutheran Church Extension Fund’s District Vice President. They have two married daughters and three granddaughters. Randy’s mission statement is to serve God by serving others.