Health Savings Plan HSA Company Contribution Recommendation

 1 Replies
 0 Subscribed to this topic
 68 Subscribed to this forum
Sort:
Author
Messages
SWilkins
Advanced Member
Posts: 29
Advanced Member
    Our company now wants to add an employer paid contribution to employee enrolled HSAs.  Of course the preference is to also tier this with a max contribution and it's not necessaryily a percentage or dollar match so I already have approval to maintain the employee level amounts manually at the PR14 level.  Anyway, do others here generally just approach this by adding a company paid deduction code to the BN15 HSA plan or do you prefer to set this up as a separate BN15 plan?  I've already created and tested a new PR05 deduction code added to the existing BN15 employee plan and that seems to work.  Just don't want to box us into a corner if others here recommend a different approach.
    Margie Gyurisin
    Veteran Member
    Posts: 538
    Veteran Member
      We didn't tie our company deduction to a benefit plan at all since it was not a consistent amount from year to year. It is only on the PR14.