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Health vs Health Savings

Dec 14, 2015 02:09PM EST

I have my HSA amount ($42) populated under "Health" under the Gross Income section. Then in my budget, I have picked to set aside $200 a month for my HSA (that's how much I will be contributing next year).

Why is the same goal being taken out of my pay?

If I don't populate the $200 (or some amount > 0) in the Guidance tab for Health Expenses, I can never move on to the next step.

These two items aren't sync'ing up the way I would expect. Why are they being double counted? It is not a true reflection of my money.


Best Answer

HelloWallet Support Answer

Dec 14, 2015 04:08PM EST
HelloWallet Support

The amount you put in your budget is presumed to be something you’re paying after you receive your check. The $42 you put under gross income is a withholding, so that’s the number you’ll need to change, otherwise it will assume it’s a payment after you get paid, and not a withholding.

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