Update HSA Balance Information

These steps explain how to update HSA balance information to prevent the account from showing up on the HSA Balance File Transaction Exception Report (LHSALMT).

  1. Launch Tool #893 Update HSA Balance Information.

  2. Enter the account number.

  3. In the Closed Sequence # field, enter '00.'

  4. Click the forward arrow.

  5. On the next screen in the Year to View/Change field, enter the year.

  6. Click the forward arrow.

  7. In the Annual contribution limit field, review the contribution limit (per HSA type) and update it according to the IRS limit.

    • If the annual contribution is correct, review the deposits made on the member's account and update if necessary.

  8. Click Add/Update.

  9. Click Add/Update again to confirm.

Learn More

Learn more about HSA balance files.

Learn more about health savings accounts.