December 7, 2022

2% Shareholder Benefits and HSA Reporting in Console

You can now report 2% Shareholder Benefits and HSAs using the Run Payroll Component in Console. To do so, you’ll need to run an off-cycle payroll on behalf of your employers. This feature will allow you to handle reporting these benefits and HSAs without integrating with our 2% shareholder earnings via API. Please note, 2% Shareholder Group Term Life must still be reported by an employer on a payroll with regular or supplemental pay using the regular `group_term_life` earning. To learn more, see our 2% Shareholder Reporting Guide in the Knowledge Base. See a demo of the process here