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Health Savings Account Eligibility for Employees over age 65
Summary
Looking for advice on implementation strategy for HSA for employees eligible for MedicareContent
Currently, we use a Benefit Group to provide a back door to make someone eligible for a Health Saving Contribution Plan (currently, the Eligibility Profile specifies that the employee is <65 years old OR a member of the HSA Benefit Group). We survey the employees each year to see who should be added to the group. (if the employee declines Medicare, then they can contribute to HSA)
Does anyone else have a different strategy that they would like to share?
Thanks,
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