[GNC] HSA Deposit from Employer
Nith Valley Organics
rvklassen at gmail.com
Tue May 29 08:19:00 EDT 2018
It is non-taxable income. Just like a 401(k) match. Only better in that within restrictions, you get to withdraw it tax-free.
> On May 28, 2018, at 10:50 PM, aegross <aegross at gmail.com> wrote:
>
> Each month, I deduct from my Gross Salary to fund my Health Savings Account.
> However, my employer also funds the account each month. The employer part
> is not attributed to Gross Salary on my paycheck. The section of the
> paycheck is labeled as "Employer Paid" which isn't very helpful. Trying to
> determine how to balance the employer's entry, i.e., where is this money
> originating?
>
> For context, I reviewed postings on how to handle 401K matches -- advice
> included creating an "Income" account or a "Deferred Income" account. I
> supposed I could make this an Income account but my gut says this is not
> correct.
>
> Thoughts?
>
> Thanks,
> Andrew
>
>
>
>
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