Health Plans including HSAs
Employer contributions to the HSA of a qualified individual (determined monthly) are exempt from federal income tax withholding, social security tax, Medicare tax, and FUTA tax. For 2013, the employer can contribute up to $3,250 for self-only coverage or $6,450 for family coverage to a qualified individual's HSA.
Need Professional Help?
If you need help with "Fringe Benefits" or have other tax questions, we can help you find a local licensed tax preparer for a free, no-obligation consultation.