Defined Contribution Carve Out
Page 14
• Group Health Plan is HSA Qualified
– Create a separate Defined Contribution
level to the HSA for the qualified owner
• Can only do this if there is an HRA benefit
linked to the group health plan for all eligible
employees.
– The Defined Contribution Amount has to be consistent
for all eligible participants
• The amount is not based on HSA deposit levels
for individual versus group plan deductible
– The Defined Contribution Plan must be documented
within the company corporate minutes and/or plan
documents. These documents must be made available
to all participants.
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