Direct Deposit (Employee funded)
An account number will be generated for each member after enrollments are entered and they pass the CIP process.
Complete the following steps:
2. The plan administrator should send the unique account numbers and Ameriflex’s routing number (101218856) to their payroll team.
3. Each pay period, the amount that the participant is contributing to their HSA should be deducted from their paycheck and paid out to that Ameriflex routing and account number. Any changes to elections can be made directly with the group’s payroll team.
ACH Pull (Employer funds partially or all)
There are three different ways that the ACH pull can be done.
1. Download a blank HSA Funding Spreadsheet. View our Complete a HSA Funding File article for instructions).
If the file has errors, the confirmation window will include the error notes. If the file doesn’t have any errors, the funds will be posted to the accounts within 3-5 business days.
The HSA plan must be assigned to a Calendar in the Employer Portal, and the contributions will auto-deposit to the HSA accounts on the dates selected on the calendar.
If funding the HSA via ACH Pull/EDI, the EDI IH file must feed over with the Employee Deposit Amount and/or the Employer Deposit Amount for each record.
If neither of the funding options above work for you, reach out to your Client Relationship Manager to discuss additional options to fund the HSA accounts.