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Make a deposit

Learn about the two ways to deposit funds into your health savings account (HSA): bank transfers & paycheck contributions.

Updated over 2 months ago

You might want to contribute tax-free funds to your HSA. Or, you might have withdrawn funds for an unqualified expense and now want to make a correction. Either way, you need to make a deposit. Here's how!

How to make a deposit

  1. Select Deposit.

  2. Select a deposit method:

    1. Bank Transfer

    2. Paycheck Contributions

  3. Follow each method's steps.

Bank transfer method

If you haven't linked a bank account, you'll need to link one first. Learn more about that process here.

Bank transfer categories

When depositing via bank transfer, you'll need to select a category for the transaction based on the type of deposit.

Deposit Category

What's It For?

New Contribution

You want to deposit funds into your HSA.

Reimbursement Correction

You previously made a withdrawal for an unqualified expense, and now want to make a correction.

Rollover from Existing HSA

You have an HSA from another provider, and you want to "roll over" its funds.

Three business days

The transferred amount can take up to three business days to arrive in your account.

Paycheck contributions method

Additional Tax Savings

HSA paycheck contributions are exempt from Medicare and Social Security taxes. That means you'll save an additional 7.65% on HSA funds contributed via paycheck. Plus, you'll save some time as paycheck contributions are automatic.

To facilitate setting up your paycheck contributions, we've created a form letter for you to share with your employer. Just select Preview Letter, review the letter information for accuracy, and then download it to share directly with your employer.

Mailing deposits

If you prefer making a deposit using snail mail, check deposits can be mailed using the following address:

Trustee Operations

‍25 Air Park Drive, Suite 100

London, KY 40744

Include your account # in the memo field.

Troubleshooting deposits

Contact your previous HSA provider, bank, or HR/Payroll administrator and request your ACH trace number. We can use this information to help track down your deposit.

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