Updating your HSA Contribution Amount
HSA contributions are one of the very few benefits that can be updated throughout the year.
Please log into ADP and follow the path below to make changes.
Myself > Benefits > Enrollments > Year Round Enrollment > Manage Enrollment
Maximum contribution (employer + employee) amounts for 2024:
- Employee Only: $4,150
- Employee Plus: $8,300 (child(ren), spouse, family)
- Employee age 55 or older: $1,000 (annual catch up)
Calculating your HSA Contribution
= $______ (contribution each pay period) X 24 (pay periods in school year) = $_______ (amount you’ll enter in ‘Annual Contribution’ field)
(Example: $25.00 (contribution each pay period) X 24 (pay periods in school year) = $600 (amount you’ll enter in ‘Annual Contribution’ field)
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