US Benefits - Health Savings account

[Former Member]

Hi Friends,

My client needs to create a Health Savings account where in there is an employer contribution every quarter, while employee contribution is optional, both pre-tax. They also need multiple fields for standard annual contributions, incentives, retirement etc. Could you please guide me on this issue?

Thanks,

Sanjay

[Former Member]

Hi Sanjay,

About creating of Health Savings Plan for a quarter the following process would help:

1. Create a Health Savings Plan Account (FSA Plan) - Table V_5UBA_D

2. Maintain the Contribution criteria Period as "7 Quarterly" in the Table V_74FE_D (Define Employer Contribution Variants)

3. Maintain Table V_74FF_D (Define Employer Contribution Rules)

4. Maintain Limits of Contribution, if any in table V_T5UBG (Assign Spending Account attributes)

5. Standard Selections.

However, am not sure about the fields to be populated in the screen. Screen modification is one option. Seek Technical Help.

Can you not make use of Miscellaneous plans/Holiday plans/Pension Plans, if it is for GB....Not quite sure...

Kumarpal Jain.

[Former Member]

Hi,

Check cost rules and cost variants in IMG.

Cheers,

Donnie