[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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