Health Savings Account
Looking for advice on how to configure a Health Savings Account election with a one-time payment. Our benefits team would like to offer our employees the option to allow a one-time funding of their Health Savings Account during this year's open enrollment. Has anyone ever customized the HSA option to elect a per pay amount or a one-time deduction from the first pay of the year to fund their HSA?
They also would like this option for new hires that they can enroll with a one-time only funding or a per pay amount.
Any suggestions on configuration or customization would be appreciated.