Contributions: Pre-tax Payroll Deduction or Post-Tax Contribution

Employees may fund their HSA through either a Pretax Payroll Deduction or through a Post Tax Contribution. In order to set up a payroll deduction on behalf of your employees, contact your payroll dept., i.e. Paychecks, ADP, etc. and inform them that you would like to deduct a specified amount from each employee’s paycheck every pay period. The employee predetermines this amount. This is a Pre-tax deduction from their payroll through a section 125. A plan document is not required for this option. After the deduction has been made, funds may be submitted on behalf of the employee’s HSA through a Direct Deposit initiated by the employer. See Direct Deposit Format for further instructions or mail check along with group contribution worksheet to 1044 MacArthur Road, Reading, PA 19605.