HSA

Anonymous

Guest
It looks like Valeant put your entire annual contribution into your HSA on January 1st. If you elected to put $100 per pay period, which is $2600 for the year, they put all $2600 into your HSA at the beginning of the year. The question is what happens if you are laid off or quit before the end of the year. Do they go into your HSA and take out what hasn’t yet been deducted yet from your paychecks? Do they take it out of your last paycheck? Do you get to keep the difference without having to pay it back?
 






It looks like Valeant put your entire annual contribution into your HSA on January 1st. If you elected to put $100 per pay period, which is $2600 for the year, they put all $2600 into your HSA at the beginning of the year. The question is what happens if you are laid off or quit before the end of the year. Do they go into your HSA and take out what hasn’t yet been deducted yet from your paychecks? Do they take it out of your last paycheck? Do you get to keep the difference without having to pay it back?

I'm shocked. Everything else they've done has been so well orchestrated. They are excellent at HR, benefits, and communications.

Believe me, it's not a gift. This HR group has set a new standard for worst in industry.
 






It looks like Valeant put your entire annual contribution into your HSA on January 1st. If you elected to put $100 per pay period, which is $2600 for the year, they put all $2600 into your HSA at the beginning of the year. The question is what happens if you are laid off or quit before the end of the year. Do they go into your HSA and take out what hasn’t yet been deducted yet from your paychecks? Do they take it out of your last paycheck? Do you get to keep the difference without having to pay it back?

I hope this is not a complaint.
 












Don't you worry, it won't stay there for too long....

Q: I noticed that the total HSA contribution was made in my account at the beginning of the year.

A: Aetna will reverse out the entire contribution and then refund back in the employer and correct employee contribution in an upcoming pay period.
 






Don't you worry, it won't stay there for too long....

Q: I noticed that the total HSA contribution was made in my account at the beginning of the year.

A: Aetna will reverse out the entire contribution and then refund back in the employer and correct employee contribution in an upcoming pay period.

Oh great, since I've already used about $500