Client Contribution Options

It's easy to contribute to your employees' Health Savings Accounts (HSA). We provide several options to meet your specific needs. Be sure that you are signed up as a business partner with HSA Bank prior to selecting a contribution option. 
 

Note: Each year the IRS sets annual HSA contribution limits. Let your employees know the limits so that their contribution does not exceed the amount.
 

Detailed information, including step-by-step instructions regarding each of our contribution methods, can be found in the HSA Bank Manual.

Set-up time:

5 business days

 

Contributions available:

If selection is made before 2 p.m., CT, the transaction can be made the next business day or two business days thereafter.

HSA Bank's GOC tool is easy-to-use, fast and convenient. You can access the tool and make contributions online by logging into our Employer Administration Site.
 

Benefits of GOC tool include:

  • One-time or recurring contributions
  • Easy upload with a Microsoft Excel (CSV) file
  • Various contribution-frequency options (weekly, bi-weekly, monthly, etc.)
  • Snapshot of pending and past contributions
  • Current or prior-year contribution reports, including summaries of all your contributions from any source
  • Email confirmations


Start taking advantage of this tool today. Complete the Group Online Contribution Form and ACH Agreement and send it to us with a voided check from your business checking account. To access this form, log into the Employer Administration Site.

Set-up time:

10 business days

 

Contributions available:

Same business day if received before 11 a.m., CT, next business day thereafter.


This option is a good choice if you would like to wire or ACH transfer funds from your account to a clearing account with HSA Bank. We’ll distribute the funds to your employees' accounts based on the information provided in an electronic transaction file or HSA Bank-approved Excel contribution format. Each ACH or wire must be accompanied by an electronic transaction file.


To use this option you must contact your Cigna Client Manager, Cigna Account Manager or Cigna Consumerism Account Specialist. 


To learn more, read the Electronic File Upload with Wire/ACH Transfer section of the HSA Bank Employer Manual.

Set-up time:

based on payroll vendor

 

Contributions available:

Next business day

 

You can initiate ACH contributions through your current payroll provider. Getting started is easy with our ACH Instructions. We’ll provide you with the account numbers and our routing number to complete the set up with your vendor.

To learn more, read the Direct ACH section of the HSA Bank Employer Manual.

Set-up time:

none

 

Contributions available:

within 3 business days of receipt of check

 

You can contribute by mailing us a check. Checks should be accompanied by an Employer Contribution Form, which should list all the employees with an HSA and the amounts being contributed to each account. To access this form, log into the Employer Administration Site.