Lutheran Church Extension Fund
Lutheran Church Extension Fund
Investments
LCMS Members and Businesses
Health Savings Account (HSA)

Loan Rates

New Mission Starts4.125%
Congregational4.500%
Specialized Ministries2.500%
RCW Mortgage APR3.590%
 

Investment Rates

StewardAccount®0.375% - 1.000%
Family Emergency1.125%
5-Year Term Note1.625%

With rising health care costs, you may have chosen to enroll in a high-deductible health plan (HDHP). This option can be a cost saver, but does require careful planning. LCEF has a health savings account (HSA) that may help.

Health Savings Account (HSA)

Many employers, including Concordia Plan Services, offer an HDHP as a health-care coverage option. An HSA allows you to use funds invested to pay for qualified medical expenses. Contributions are tax-deductible, earnings grow tax-free, and redemptions are tax-free for qualified medical expenses. The LCEF option, called the HSA FlexPlus Certificate, earns interest in addition to being easily accessible.

The main difference between this type of account and other medical savings accounts is that the funds carry over year to year with no "use it or lose it" requirement. Health Savings Account Brochure

Features:

  • Minimum investment $1.00 to open account.
  • HSA dollars at LCEF earn the "ministry dividend"—your dollars work for you and the Church at the same time!
  • Competitive interest rates for the HSA FlexPlus Certificate.
  • Low annual fee. (see Special Service Fee Notice for more information.)

Not all HDHPs are compatible with LCEF's health savings account, so please check with your employer or health insurance provider. (Not available in South Carolina.)

HSA Forms

Find the forms you need to open or maintain your HSA with LCEF at our HSA Service Center.

Consult Your Tax Advisor

Neither LCEF nor its representatives give legal, accounting, or tax advice. We always suggest that you consult with your tax advisor as to the applicability of this information to your own situation.

For assistance in completing the necessary forms or have any questions, please call 1-800-843-5233.

A Trusted Guiding Resource

Just as our faith provides us with a compass to guide us through everyday life, LCEF offers guidance in matters related to building your ministry, from its physical structure to fostering leadership and volunteerism to stewardship education. Everything LCEF does is based on Lutheran principles with the goal of serving our Lord. We are your partner on this journey of sharing the Gospel.

New 30-Year Loan Available for RCWs

We are blessed to be a caring source for rostered church worker loans. From determining what loan is best, to guiding you through the entire process, you can count on us. In addition to our existing mortgage loans, we now offer 30-year fixed-rate mortgages. Competitive rates, low down payments and no corresponding PMI requirement are just part of how we serve you in the passionate way you serve us.

LCEF is a nonprofit religious organization; therefore, LCEF investments are not FDIC-insured bank deposit accounts. This is not an offer to sell investments, nor a solicitation to buy. LCEF will offer and sell its securities only in states where authorized. The offer is made solely by LCEF's Offering Circular. Investors should carefully read the Offering Circular, which more fully describes associated risks.
©2011 Lutheran Church Extension Fund. All rights reserved.