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Activating your HSA

Your account is not considered activated until money is contributed to it. If your employer contributes to your HSA, your HSA will be activated. You can contribute money to your account using a few methods. Once you’ve set up your HSA and made a contribution, you can use the money in your HSA, tax-free, to pay for your plan deductible and other eligible health care expenses.

Set up direct deposit from your paycheck

This type of HSA contribution happens before taxes are taken out of your paycheck. Work with your employer's benefits administrator to set up this type of contribution. 

Make a one-time deposit

One-time deposits can be made from your personal bank account into your HSA account. You can make online contributions anytime by authorizing withdrawals from your savings or checking account or mailing your contributions to Further. 

Make a one-time deposit on www.hellofurther.com

  1. Sign in at www.hellofurther.com.
  2. Choose Make a Deposit from the I Want To... menu. 
  3. Click Make a One-Time Deposit.
  4. Enter the amount you want to transfer and click Next.
  5. Select the bank account you want to transfer the money from.
  6. Enter the date that the transfer will be posted.
  7. Enter the tax year for the transfer.
  8. Agree to the terms and conditions for making a deposit.
  9. Click Make Deposit.  

Make a one-time deposit using the mobile app

  1. Tap the menu button in the top left corner.
  2. Tap Payment and Banking.
  3. Tap Make a One-Time Deposit.
  4. Enter the amount you want to transfer.
  5. Select the bank account you want to transfer the money from.
  6. Enter the date that the transfer will be posted.
  7. Enter the tax year for the transfer.
  8. Tap Make Deposit.

Set up a recurring deposit

You can set up reoccurring deposits from your personal bank account. You can choose both the amount and the date that deposits are added to your HSA each month. 

Schedule a recurring monthly deposit on www.hellofurther.com

  1. Sign in at www.hellofurther.com.
  2. Choose Make a Deposit from the I Want To... menu. 
  3. Click Set up a Recurring Deposit.
  4. Enter the amount you want to transfer and click Next.
  5. Select the bank account you want to transfer the money from.
  6. Choose which day of the month you'd like the deposit to be initiated.
  7. Agree to the terms and conditions for making a deposit.
  8. Click Make Deposit.  

Schedule a recurring monthly deposit using the mobile app

  1. Tap the menu button in the top left corner.
  2. Tap Payment and Banking.
  3. Tap Schedule a Monthly Deposit
  4. Enter the amount you want to transfer.
  5. Select the bank account you want to transfer the money from.
  6. Enter the date that the transfer will be posted.
  7. Enter the tax year for the transfer.
  8. Tap Make Deposit.

 

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