Once you have been enrolled in a Health Savings Account (HSA) for 30 days, the university will deposit your seed money within 7-14 days. Those who enroll during Annual Enrollment can expect to receive the university contribution in the third or fourth week of January. This applies to employees only; retirees do not receive university contributions.
Any funds that you have elected to contribute through pre-tax payroll deduction will be deposited into your HSA within 5-7 days of payroll. Any funds that you contribute outside of payroll deduction are contributed directly to Optum Bank.