1. Implementing Benefits
  2. Configure the Display of FSA and HSA Calculators

Configure the Display of FSA and HSA Calculators

Here's a table that lists the extensible lookups you need to configure to set the annual contribution limit for your participants for each year.

Also, you need to set the currency to USD in the user's preferences page.
Lookup Code Meaning
ORA_BEN_HSA_SINGLE To set annual contribution limit for HSA when HSA Plan Type is selected as Single.
ORA_BEN_HSA_FAMILY To set annual contribution limit for HSA when HSA Plan Type is selected as Family.
ORA_BEN_DEPENDENT_CARE_FSA To set annual contribution limit for Dependent Care FSA.
ORA_BEN_HEALTH_CARE_FSA To set annual contribution limit for Health Care FSA.
For example, here’s how you set $2,700 as the limit for Dependent Care FSA for the year 2022:
  1. Select the Manage Common Lookups task in the Setup and Maintenance work area.
  2. Search for ORA_BEN_DEPENDENT_CARE_FSA.
  3. Add a new row in the Lookup Codes section.
  4. Enter 2022 as the Lookup Code.
  5. Select the Enabled check box. Note that the lookup start and end dates have no effect on these calculators as you can have only one annual contribution limit per year.
  6. Enter the annual limit in the Meaning column.
  7. Click Save.

Make sure that you add a lookup code for the current year to get accurate estimates. Lookup codes must be unique. Every new year, depending on whether the annual contribution limit changes or remains the same, you need to decide how to maintain the lookup. If the limit has changed for the new year, you can add a new lookup code. However, if you want to retain the old limit in the new year, it’s easier to delete the old lookup code and then add a new code for the new year with the old limit. If you want to still retain the old lookup code, you need to ensure that the new code is unique.

For example, the limit is USD 2700 for the year 2021 and you have a lookup code for this limit. If the limit remains the same in 2022, it’s easier if you delete the lookup code for 2021 and then add a new code for 2022. If the limit has changed to USD 2600, you need to add a lookup code for the new limit.