There are three types of contributions that may go into your HSA. There is the employer contribution ($750 for employee only coverage and $1500 for family coverage), the HCA transition payout (available only to those who had a balance in their HCA at the end of 2013), and your employee contributions. See below for details on when you can expect these contributions to be deposited to your HSA.
- Employer Contribution: This contribution was deposited to your HSA on 1/7/14.
- HCA Transition Payout: If you had HCA funds left at the end of 2013, ACU is doing a transition payout at 40 cents on the dollar. We are waiting 45 days for claims to finalize for the end of 2013. Once we have the finalized HCA balances from Blue Cross, we will process the HCA transition payout to be deposited to your HSA on the nonexempt 2/28/14 paycheck and the exempt 2/28/14 paycheck.
- Employee Contributions: If you chose to contribute to your HSA in 2014 through payroll deductions, these contributions will be deposited to your HSA each payroll, beginning with the 1/15/14 payroll for nonexempt employees and 1/31/14 payroll for exempt employees.
If you would like to change your HSA contribution, see the forms page on the HR website and print the HSA Contribution Change Form, complete it and turn it in to the HR office.