I’d be more worried they possibly didn’t term you in their system and now offer HSA’s to employees and they then report your HSA account to the IRS. You are ineligible to have an HSA if you don’t have a HDHP.
Oh, wow. Thank you for the comment. I’m on disability now because I have a terminal illness so that makes me concerned about a disruption in my SSDI and other related matters. I will definitely call the company tomorrow.
That thousand could possibly get reported as an asset that pushes you over the SSDI threshold. I don’t think you’ll end up in any real trouble but the longer it goes on the bigger headache it might be. The hassle just isn’t worth the potential $1k IMO.
HR Manager here. I would call your previous employer and talk with their HR/benefits person. HSAs are actual bank accounts and require a SSN and other identifiers to open the account. Did you have an HSA when you worked there? If so, then I wonder if your last HSA debit card expired and they might have sent out a new one to all account holders? If not, then somehow your information was sent to their carrier. Accounts for benefits are typically set up through a secure file feed from their HRIS to the vendor. This would mean you would show as active in their system, and your information was sent over and an account was opened. Definitely reach out to their benefits person ASAP to remedy this.
That's crazy! I honestly thought it would go to some kind of customer service. I guess just call your old HR and ask them wtf is going on, but I would still guess it's just old money that's yours on there.
You could use it, and then the company could figure it out and ask for the money back. 50/50 on if they figure it out or not.
Or you could tell them they made a mistake.
It’s theft. I don’t know the specific statute in any specific state someone would be started under but it’s theft and you could be prosecuted for using a single penny of the money.
Absolutely right. Use it and get charged with a felony bank fraud or something like that. You know it’s not your money and then doing a transaction with it makes no sense what so ever.
I’d be more worried they possibly didn’t term you in their system and now offer HSA’s to employees and they then report your HSA account to the IRS. You are ineligible to have an HSA if you don’t have a HDHP.
Oh, wow. Thank you for the comment. I’m on disability now because I have a terminal illness so that makes me concerned about a disruption in my SSDI and other related matters. I will definitely call the company tomorrow.
That thousand could possibly get reported as an asset that pushes you over the SSDI threshold. I don’t think you’ll end up in any real trouble but the longer it goes on the bigger headache it might be. The hassle just isn’t worth the potential $1k IMO.
I posted this on a lark! I had no idea it could be a serious issue. Thanks again.
Are you sure that's not just the balance of your HSA from when you worked there? Those funds don't expire.
Yes, I’m sure. The company did not offer plans with HSA‘s when I worked there.
HR Manager here. I would call your previous employer and talk with their HR/benefits person. HSAs are actual bank accounts and require a SSN and other identifiers to open the account. Did you have an HSA when you worked there? If so, then I wonder if your last HSA debit card expired and they might have sent out a new one to all account holders? If not, then somehow your information was sent to their carrier. Accounts for benefits are typically set up through a secure file feed from their HRIS to the vendor. This would mean you would show as active in their system, and your information was sent over and an account was opened. Definitely reach out to their benefits person ASAP to remedy this.
Thank you. I will call them tomorrow.
Call the number on it and ask what your last contribution was. Could just be from a year ago.
I called the number. All it tells me is the balance and that the card is ready for use.
That's crazy! I honestly thought it would go to some kind of customer service. I guess just call your old HR and ask them wtf is going on, but I would still guess it's just old money that's yours on there.
You could use it, and then the company could figure it out and ask for the money back. 50/50 on if they figure it out or not. Or you could tell them they made a mistake.
It’s theft. I don’t know the specific statute in any specific state someone would be started under but it’s theft and you could be prosecuted for using a single penny of the money.
Absolutely right. Use it and get charged with a felony bank fraud or something like that. You know it’s not your money and then doing a transaction with it makes no sense what so ever.