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How do you handle HSA deductions?

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edited Sep 5, 2020 12:10AM in Benefits 2 comments

Summary

Enterable coverage (annual amount) or enterable rate (per pay period) AND front-loading.

Content

Curious on everyone's ideas on how you handle Health Savings Account contributions in Benefits. I run into all the time that it's desired to enter the per-pay-period amount, which is an enterable rate. But by doing this, you can't use Annual Rate functionality and therefore risk that mid-year changes would cause the final contributions to go over the annual limit.

Setting it up like FSA, enterable annual coverage and set annual rate equal to coverage, works great! But you can't enter the per pay period amount and therefore you can't front-load contributions.

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