How do employer contributions work for HSAs?

Employers can choose to make optional contributions to employees' HSA accounts up to  ~$295.83 in 2020. This limit includes the combined total of both employer and employee contributions. These contributions can be changed at any time. Contribution changes must be entered by the 15th of the month to have the change effective the 1st of the following month.

Employers must make equal contributions to all employees' HSAs, and cannot contribute more to certain employees or employee classes such as highly-compensated employees or managers.

Contribution Schedule:

  • For Avidia Bank (Zenefits Flex Benefits), funds are deposited based on the company's payroll cycle.

Any employee elections will be debited along with employer contributions.

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