Contents of the Manage HSA Plan Year Screen
Use the fields and options to configure the Manage HSA Plan Year screen.
Contents
| Field | Description |
|---|---|
| Plan Year |
Enter the year for which the HSA data is being created. |
| Election Type |
From the drop-down list, select the election type for the HSA. Valid options are:
|
| Start Date |
Enter, or click
|
| End Date |
Enter, or click
|
| Employee Maximum |
Enter the maximum amount that employees may contribute in a plan year. |
| Employee Minimum |
Enter the minimum amount that employees are allowed to elect for the HSA plan year. |
| Employer Maximum |
Enter the maximum amount that the employer may contribute during the plan year. |
| Deduction |
Enter, or click
|
| Prorate employer contribution for employees starting mid-plan year |
Select this checkbox if you want to prorate the employer contribution amount when an employee elects an HSA deduction mid-year. |
to select, the starting date for the plan year.
to select, the deduction code that will be used for the HSA account. This will display on the employee's paycheck.