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Archive for the ‘Employee’ Category

Can we contribute different amounts for different employees?

Contribution levels can be based upon employee classes. If the employer can clearly define classes for employees, different amounts can be offered. However, if you have two employees doing the exact same job (i.e. if you have two full-time receptionists) they must be given the same amount. For a  Private […]

What if I terminate employment or what if I have an employee who quits?

Contributions made to the trust can never revert back to the employer. It can also never revert to the employee in cash form unless they submit an eligible medical expense. A terminated employee will still have access to the funds remaining in the HSA by submitting medical expenses to the […]