DOL: Employer HSA Contributions Generally Are Not Earnings Subject to Consumer Credit Protection Act Wage Garnishment Limits | Practical Law
The Department of Labor's (DOL's) Wage and Hour Division (WHD) has issued an opinion letter addressing the interaction of health savings accounts (HSAs), which are permitted under the Internal Revenue Code, and the Consumer Credit Protection Act (CCPA). The WHD concludes in its letter that employer contributions to employees' HSAs generally are not earnings for wage garnishment purposes under the CCPA.