In This Email

Employer "To Do"

 

August 3-7

 

Watch inbox for email about our new employer portal

 

August 4-24

 

Encourage employees to log into their new accounts to set up authorized signer(s), beneficiary(ies) and other account information

 

This can also be completed at the account holder's leisure, if desired

 

August 10-24

 

Log into the new employer portal to set up banking information and post-September 1 contributions

 

August 25

 

Set up any last minute group contributions in our existing system before 2 p.m. EST

 

August 26-31

 

Do not send contributions to HealthSavings; please save contributions until after September 1

Questions?

We're happy to help! Feel free to visit our employer transition page, view our FAQs, call (888) 354-0697 or reply to this email. We're available 8:30 a.m. to 5 p.m. EST, Monday - Friday.

                                                  July 30, 2015

 

Please pay close attention to this email, as it contains several important reminders related to the HealthSavings' custodial bank transition on September 1.

First and foremost, you will be happy to know that there's no paperwork to complete for this transition. Rather, most administrative functions, like setting up contributions, funding and enrollments, can be handled through our new online employer portal.

Employer Portal Access

 

By next Friday, August 7, employers with an existing employer login to our website will receive an email from notifications@HealthSavings.com containing their username and password for the new employer portal. This email will contain instructions for:

·         How and where to log in

·         Your funding options and how to set them up

·         How to set up post-September 1 contributions to employee HSAs

·         How to enroll employees after September 1

 

Please keep an eye on your inbox next week for this important information. Until then, view your options here.

Employer Data Transfer

As part of the conversion, we're able to transfer some, but not all, employer-related information to the new portal.

We can transfer:	We cannot transfer:
·         Your employer username ·         A partial company profile ·         Your employee roster	·         Your banking information and funding preferences ·         Your contribution schedule and amounts

 

Therefore, we encourage you to log into the new employer portal sometime between Monday, August 10 and Monday, August 24 to set up your banking information, contributions and other account information.

We're Contacting Employees Next Week

Beginning Tuesday, August 4, we will send reminder emails to account holders regarding access to their new online accounts as well as key dates in the conversion.

Like employers, there's no paperwork for account holders to complete. Rather, your employees may log into their new online accounts at their leisure to set up authorized signer(s), beneficiary(ies), investment elections and other account information.

Click here to view the information we plan to send to your employees.

No Group Contributions August 26-31

As we prepare for the transition, we want to remind you that group online contributions (GOC) must be set up in our existing online system before 2 p.m. EST on Tuesday, August 25 to be processed by Wednesday, August 26. Otherwise, GOCs must wait until after the conversion on September 1.  

In addition, we ask that you do not send wire transfers or checks between August 26-31 to avoid complications as we transfer data and update our systems.

NOTE: Once you receive access to the new employer portal, you may set up post-September 1 online contributions, if desired.