HealthEquity

Health Savings Accounts (HSA) Employer Benefit

See how offering an HSA-qualified plan can reduce payroll taxes and provide a meaningful benefit to your employees.

Company Details

$0$4,400$9,000
10%100%

Estimated Employer Savings

Annual FICA Tax Savings

$20,196

Based on 60 participating employees

Participating Employees

60

Total Employer Match

$30,000

Per-Employee FICA Savings

$337

Net Employer Cost

$7,509

How It Works

  • Employee pre-tax HSA contributions reduce your FICA (Social Security + Medicare) tax obligation by 7.65%
  • Employer HSA contributions are also exempt from FICA taxes
  • Higher participation rates amplify savings for your organization
  • HSA-qualified plans typically have lower premiums than traditional plans
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This calculator provides estimates only and should not be considered tax or financial advice. Actual savings may vary based on your specific situation. Consult with a tax professional for personalized guidance.