If you no longer want to contribute to your HSA, but you want to keep your account open and continue using any remaining funds, follow these steps:
If you want to close your HSA, follow the steps above, then contact support to request that your account is closed.
Employees can change their monthly HSA contribution at any time from their Health Savings Account app. To change your contribution, follow these steps:
You should receive your Zenefits Card within 10-15 business days after completing enrollment in a new HSA. If you don't receive the card within that period, you can order a new one in Zenefits.
Keep in mind that once you order a new Zenefits Card, the current card will be deactivated. If it arrives, it won't be usable. You'll have to wait for the new one to arrive.
There is no HSA renewal flow required. Because you can change the amount that is contributed to an HSA at any time, there is no need to have a formalized open enrollment. The HSA account will remain active until it is proactively cancelled by an admin of the group.
For WealthCare Saver, you can check your available HSA funds by clicking the Health Savings Account app on your Zenefits dashboard. Your current HSA balance will be displayed under Benefits Summary.
If you lose your Zenefits Card and you have an HSA, you can order a new one through the Health Savings Account app.
Please allow 10-15 days for your new card to arrive.
You can find the account number for an HSA with WealthCare Saver in the Zenefits Flex Benefits portal. You will be able to access the portal by clicking on the Health Savings Account app and clicking on the Go to HSA Portal button.
To find your full HSA account number in the Flex Benefits portal, hover over the eye icon next to the Health Savings Account on your Accounts page.
What does the CIP testing email from WealthCare Saver look like?
From: hsaalerts@wealthcaresaver. com
To: Employee's work email address
Subject: Health Savings Account (HSA) Verification Needed - Action Required
"Thank you for your interest in establishing a Health Savings Account (HSA).
In accordance with the USA PATRIOT Art Federal law requires all financial institutions to obtain, verify, and record information that identifies each individual or entity opening an account.
In order to complete the HSA account opening process, please provide the documentation listed below along with a copy of this notification request.
For fastest processing, visit the following link and enter the three letter code from the text below to submit the documentation required: https://wealthcare.com/hsa/verify
Please provide a copy of one of the following (use code "PSA" in the DocuSign from the above link if applicable):
And also provide a copy of one of the documents below:
Once an employee or employer HSA is canceled from Zenefits, each enrollee's HSA will become a direct-to-provider retail account. You can keep this account open and use your HSA funds directly or you can transfer to another HSA provider. This is entirely up to each individual HSA enrollee. There is a $25 fee to transfer HSA funds from WealthCare Saver retail accounts to another provider.