Question

Health Savings Plans

How do I deposit money into the health savings account (HSA)?

A Answers (1)

  • AUnitedHealthcare answered
    There are several ways to deposit money into your health savings account (HSA).
    • When you fill out an application to open an HSA, you can usually arrange to make an initial deposit. You can do this by transferring money from another bank account, or you can send the bank a check or money order with a contribution/deposit form.
    • If your employer offers payroll deduction, you may elect to have an amount deducted pre-tax from your paycheck and deposited directly into your HSA. This contribution will be made before Social Security, federal and most state income taxes are deducted.
    Review your plan documents or check with your bank to learn about depositing money into your HSA.

     

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