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If I make contributions to my HSA through pre-tax payroll deductions (Section 125 cafeteria plan), can I change the per payroll deduction at any time?

April 26, 2017cafeteria contributions deductions HSA payroll Plan pre-tax section

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If I make contributions to my HSA through pre-tax payroll deductions (Section 125 cafeteria plan), can I change the per payroll deduction at any time?

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• Based on your employer’s cafeteria plan rules, you may be allowed to increase, decrease, start or stop your ACS/Mellon HSA contributions at any time, provided that the change is prospective only. Remember you are still restricted to your maximum annual contribution.

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• Based on your employer’s cafeteria plan rules, you may be allowed to increase, decrease, start or stop your ACS|BNY Mellon HSA contributions at any time, provided that the change is prospective only. Remember you are still restricted to your maximum annual contribution.