Usethisformtorequestacorrectiontoemployer-initiatedcontributionstoOptumBank,Inc.(“Bank”)healthsavingsaccounts(“HSAs").
PART1–BankContactInformation
PleasefaxthissignedandcompletedformtotheBank:
ByMail:
OptumBank
P.O.Box271629
SaltLakeCity,UT84127
ByFax:
1-866-314-9795
ATTN:Transaction Services
Questions?
Pleasecall1-866-234-8913
CustomerServiceProfessionalsareavailabletoassistyouMondaythroughFridayfrom8:00a.m. to8:00p.m.Easterntime.
PART2–RequestorandAccountHolderInformationProvidethefollowingrequestorandemployerinformation:
EmployerName
Group ID
* RequestormustbeadulyauthorizedrepresentativeofEmployer.
Providethedetailsontheimpactedemployees(“AccountHolders”)usingthespaceprovidedbelow(thefirstentryisprovidedasanexample).Ifcorrectionsareneededformorethan five(5)accountholders,attachanadditionalspreadsheet.
SSN/Account / LastName / FirstName / ContributionDate / ContributionAmount / ContributionType123456789 / Doe / John / 3/15/2010 / $25.00 / Employer
PART3–ProcessingOptions
Selectoneofthetwomethodslistedbelowforthereturnoffunds:
PART4–Authorization
Employer, itselforthroughitsdesignee (collectively“Employer”),acknowledgesthat:(i)HSAcontributionsaregenerally non-forfeitable [seeIRC§223(d)(1)(E)] exceptinthelimitedcircumstancesidentifiedinIRSNotice 2008-59,Q/A 23-25;(ii) thisformdoesnotconstitutelegalortaxadvice;and(iii)Bankis notrequiredto,norinapositionto,independentlydetermine whetheranAccountHolder isan HSA eligibleindividual,anAccountHolder’spersonalannualHSAcontributionmaximum,orwhatportion ofanover-contributedHSA isattributabletoandrecoupableby Employer.
Employerrepresentsandwarrantsthat: (i) eachAccountHolderiscurrentlyemployedbyEmployer;(ii)Employerhasbeendulyauthorizedbyeach AccountHolderashis/heragentwithfull power andauthoritytoadminister orotherwiseperformanyactionwithrespecttotheAccountHolder’sHSA heldbyBank,includingbutnotlimitedtothecontributioncorrectionsdirected byEmployerherein;(iii)thisinstructionismadeinaccordancewithapplicablelawsandregulations;and(iv)theinformationprovidedhereinistrueandcorrectandmayberelieduponbyBank.
EmployerherebyinstructsBanktotakewhateveractionsdeemednecessaryandappropriatebyBank toeffectuatethecontributioncorrectionsdirectedbyEmployerhereinwithrespecttotheHSAsidentified,includingbutnotlimitedtoprocessingcontributions,distributionsorelectronicfundstransferofalloranyportionoftheamountsdepositedin,orotherwiseheldbyorrelatedto,theHSAs.Employerherebyagreestoindemnify,keepindemnified, defendandholdharmlessBankanditsdirectors,officers,employees,attorneys,agents,successorsand assignsfromandagainstanyandallclaims,penalties,fines,losses,damages,actionsandcausesofaction,whichBankoritsdirectors,officers,employees, attorneys, agents, successorsandassignsatanytimemaysustainorincurthatdirectlyorindirectlyarisefrom,orinanywayareconnectedorrelatedtotheactionstakenbyBankandthedirections,instructions,andauthorizationsgivenbyEmployerherein.
The undersignedherebycertifiesthathe/shehasbeendulyauthorizedbyallnecessaryandappropriatecorporateactionto executethisformfor andonbehalf ofEmployer.
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AuthorizedSignatureDate
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