Heidi Macomber

CCPA2019-1: Addressing whether employers’ contributions to employees’ health savings accounts are earnings under the CCPA (Consumer Credit Protection Act).

OPINION

Based on the information provided, employer contributions to HSAs are not earnings under the CCPA and are therefore not subject to the CCPA’s garnishment limitations.

Resources

26 U.S.C. § 223

15 U.S.C. § 1673

15 U.S.C. § 1672(c )

15 U .S.C. § 1672(b)

15 U.S.C. § 1672(a)

WHD Op. Letter CCPA2005-1NA, 2005 WL 6133123, at *2 (July 27, 2005)

citing Long Island Trust Co. v. US. Postal Serv., 647 F.2d 336,342 (2d Cir. 1981)

Guidry v. Sheet Metal Workers Int’ Ass’n, 10 F.3d 700, 715 (10th Cir. 1993)

see also Field Operations Handbook§ 16al0

Usery v. First National Bank of Arizona 586 F.2nd 107 (1978)

 WHD Op. Letter CCPA2018-1 NA at 4 (Apr. 12, 2018)

26 U.S.C. § 4980G; 26 U.S.C. § 125(b)

26 C.F.R. § 54.4980G-l, et seq

United States v. Laws, 352 F. Supp. 2d 707, 713 (E.D. Va. 2004)

26 U.S.C. § 223(f)

Kokoszka v. Belford, 417 U.S. 642,651 (1974)

U.S. Bureau of Labor Statistics, “Pretax Benefits: Access to Section 125 Cafeteria Benefits and Health Savings Accounts in the United States, Private Industry”