Money deposited into your health savings account can technically come from anyone whom you provide your routing and account number to. Most people deposit money from their preferred checking account. You can set this up as you like or set up a recurring deposit to help put your savings on auto-pilot.

How to set up one time or monthly recurring contributions:

Log in to your starship account to see your balance and adjust your recurring contributions by:

  1. Tap the "+" funding button on the home screen.
  2. Tap "Add money" (select one time or recurring)
  3. Set your One time or Monthly Deposit amount by moving the slider (set it to $0 if you want to pause or cancel it).

Payroll/Employer Contributions

  1. Payroll deductions: If your employer offers the option, you may specify a regular contribution (deposit) to be deducted from your paycheck. This contribution will be made before Social Security, federal, and most state income taxes are deducted. Deposits may be made periodically or in a lump sum, but only up to the contribution limits set by the IRS. If you have this option, you will need to provide your employer with your routing and account number and work with them to ensure it's set up correctly. Any changes to the monthly deposits will also need to go through your employer as the starship team will not be able to manage this for you.
  2. Can I make a contributions outside of my payroll deduction?
    Yes, absolutely. Even if you already receive payroll deductions through your employer, there may be instances where you want to make a one-time contribution outside of your payroll.

A few things to keep in mind if you do this: 

  1. Since one-time contributions are made with post-tax funds (money you've already paid taxes on), you won't get the tax benefits until you file your taxes for that year.
  2. Starship will let you contribute up to your maximum contribution rate
  3. You may still have contributions coming from your employer. If you're getting payroll deductions, it's always a good idea to check with HR before making a one-time contribution! 
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