Setting IRA and HSA Contribution Dates in CAMS-ii

CAMS-ii has two parameters that you can set to comply with the IRS changes to the contribution dates for IRAs and HSAs, respectively.

If you have any questions concerning the date changes for IRAs, HSAs, or any other changes to IRS regulations related to COVID-19, please consult your accountant.

For IRAs:

1. Go to Back Office > Standard > Parameters. The scrolling Level Four Parameters menu appears on the left.
2. Click Control-IRAs. The IRA Control Data screen appears.
3. Scroll down to the Cutoff Day for Previous Year Contributions Month and day drop-downs and set the month and date.
4. Click Accept.

For HSAs:

1. Go to Back Office > Standard > Parameters. The scrolling Level Four Parameters menu appears on the left.
2. Click Control-Health Savings. The HSA Control Data screen appears.
3. Scroll down to the Cutoff Day for Previous Year Contributions Month and day drop-downs and set the month and date.
4. Click Accept.