Can I elect a payroll deduction if I choose the State of Colorado Health Savings Account (HSA) qualified High Deductible Health Plan (HDHP) the PPO-H Plan?
No. The State does allow HSA payroll deductions, however, CU will consistently administer both the State and University HSA-qualified HDHPs whereby employees will need to set up the account on their own. All CU classified staff electing the State PPO-H Plan must contact their own financial institution to set up their HSA (see question # 4).
Related Questions
- Being a citizen of a state without harmonization between federal government and health savings account (HSA) tax treatment, what should I do to compute my federal taxes and state taxes correctly?
- Can I elect a payroll deduction if I choose the State of Colorado Health Savings Account (HSA) qualified High Deductible Health Plan (HDHP) the PPO-H Plan?
- Does anyone have a HSA health savings account?
