When can I enroll in WealthCare Saver HSA?

As long as you’re enrolled in a compatible high-deductible  health plan (HDHP), you can enroll in an  HSA  at any time through the  HSA  app in your Zenefits dashboard. Your  HSA’ s start date depends on when you enroll in your  HSA.

If you enroll in an  HSA  managed by WealthCare  Saver:

  • on or before the 25th  of the month, your  HSA  will start on the first of the following month.
  • after the 25th  of the month, your  HSA  will start on the first of the month after the next.
Note: Employees cannot enroll in a Health Savings Account (HSA) and a Flexible Spending Account (FSA) or a Health Reimbursement Account (HRA) at the same time. If an employee would like to enroll in both  HSA  and  FSA, the employee should enroll in the Dependent Care  FSAand  the Limited Purpose FSA  and the  HSA. They should not enroll in both the  HSA  and Medical  FSA  account.

Was this article helpful?  

Still need our help? Our support team is waiting to help you. Contact us