Health Savings Account (HSA) contribution funds are held anywhere from 24 hours to 5 business days, depending on the contribution method. This allows processing time for funds to clear and is the industry standard with most financial institutions.
Contribution Method | Post Schedule | Notes |
Check | 2 Business Days of Receipt | Contributions must be received within 15 business days of the invoice being created or delays may occur. |
(EFT) Electronic Funds Transfer | Within 24 Hours |
|
PPD | 3-5 Business Days | Once received, funds post the same day. |
Manual (ACH push)/Wire | Same Business Day | Restrictions apply. Wire must be in hand by 4:00 pm MST. |