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HSA Payroll Deduction Form Ohr Gatech

HSA Payroll Deduction Form Ohr Gatech

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hi i'm jackie jackson and i'm going to talk to you about how to deposit hsa payroll deductions hsa are health spending accounts these are monies that are withdrawn from your employees paycheck before taxes and it's a fund that can specifically be used for medical expenses in order to establish this account you need to set it up with your financial institution you need to contact them they're going to need some basic information from you including your employee identification number that you get from the irs and after that they're going to help you set up an ach account and this is the medium through which you are going to deduct the money out of your employees payroll and then deposit it directly into their bank account

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