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Is there a way to set-up an HSA so that the number of pay periods could be individually selected.

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edited Nov 3, 2020 7:40PM in Benefits 2 comments

Summary

Can you set up an HSA so that the person can pick the number of pay periods they want the amount deducted.

Content

We have our HSA set up where the employee enters the annual election and that amount is divided by the remaining pay periods in the year and deducted.  The HSA limits are set-up annually and the employee enters the annual election.  Is there a way to set up the HSA so the maximum can be entered and the user can have that deducted over X number of pays that they can choose?  For example if an employee wants the maximum HSA annual amount deducted over 5 pays (vs 24), or if the employee wants a lump sum amount deducted from

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