Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Plan Consultant

BPAS
(Remote / Utica NY / Hybrid)

BPAS logo

Managing Director - Operations, Benefits

Daybright Financial
(Remote / CT / MA / NJ / NY / PA / Hybrid)

Daybright Financial logo

Relationship Manager

Compass
(Remote / Stratham NH / Hybrid)

Compass logo

Plan Consultant

BPAS
(Utica NY / PA / Hybrid)

BPAS logo

Retirement Plan Administration Consultant

Blue Ridge Associates
(Remote)

Blue Ridge Associates logo

Retirement Plan Consultant

July Business Services
(Remote / Waco TX)

July Business Services logo

ESOP Administration Consultant

Blue Ridge Associates
(Remote)

Blue Ridge Associates logo

DC Retirement Plan Administrator

Michigan Pension & Actuarial Services, LLC
(Farmington MI / Hybrid)

Michigan Pension & Actuarial Services, LLC logo

Regional Vice President, Sales

MAP Retirement USA LLC
(Remote)

MAP Retirement USA LLC logo

Cash Balance/ Defined Benefit Plan Administrator

Steidle Pension Solutions, LLC
(Remote / NJ)

Steidle Pension Solutions, LLC logo

Mergers & Acquisition Specialist

Compass
(Remote / Stratham NH / Hybrid)

Compass logo

Relationship Manager

Retirement Plan Consultants
(Urbandale IA / Hybrid)

Retirement Plan Consultants logo

3(16) Fiduciary Analyst

Anchor 3(16) Fiduciary Solutions
(Remote / Wexford PA)

Anchor 3(16) Fiduciary Solutions logo

Relationship Manager for Defined Benefit/Cash Balance Plans

Daybright Financial
(Remote)

Daybright Financial logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile app icon
LinkedIn icon     Twitter icon     Facebook icon

Text of DOL Opinion Letter CCPA2019-1: Whether Employers' Contributions to Employees' HSAs Constitute Earnings for Wage Garnishment Purposes Under the Consumer Credit Protection Act (PDF)
Wage and Hour Division [WHD], U.S. Department of Labor [DOL] Link to more items from this source
[Official Guidance]
Sept. 11, 2019

"When a HSA contribution is still in the employer's possession and is about to be paid to the account, it could be subject to the [Consumer Credit Protection Act (CCPA)] limits on garnishment.... Generally, as long as an employer does not determine its HSA contributions on the basis of the amount or value of individual employees' services and does not give employees an option of receiving cash in lieu of an employer's contribution, the employer's contributions to an HSA are not earnings under the CCPA and are not subject to the CCPA's garnishment limitations."  MORE >>

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title).
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above).