Adobe Photoshop Elements already supports EPS vector files. This is specified on the support page provided by Adobe. They have a section where there are listed all the formats you can open in Adobe and besides that, all Adobe applications are capable of opening a EPS file.
Check the supported file formats using the link below: https://helpx.adobe.com/photoshop-elements/kb/supported-file-formats-photoshop-elements.html
Note: For some versions, the EPS format doesn't appear to be available therefore you need to use something else and export to a format that you can later add to Elements.