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New law will let Georgia state employees make pretax payroll contributions to health savings accounts, officials say
Summary
HR director Donald Cronin and lawmaker Derek McCollum told the committee the law (HB422) allows pretax payroll contributions to HSAs for employees in high-deductible plans, yielding tax savings for employees and payroll-tax savings for the state when implemented.
State officials told the House Insurance Rate Study Committee on Aug. 15 that a law enacted this year (HB422) will permit Georgia state employees enrolled in a high-deductible health plan to make pretax payroll contributions to health savings accounts (HSAs) beginning Jan. 1, 2026.
Donald Cronin, HR director for the Capitol, said HB422 equalizes payroll-treatment for HSAs and is expected to…
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