Online Payroll Calculator

Interactive estimate

Estimate payroll costs avoided by funding an HSA.

Enter your team size and annual HSA allocation. The calculator compares HSA funding against adding the same amount to payroll.

Your assumptions

Number of employees

Annual HSA allocation per employee

Employer payroll tax rate

Default 7.58% = CPP 5.95% + EI 1.63% employer portions.

This calculator is an estimate-only tool. Actual savings depend on individual employee use of the HSA, plan structure and payroll rates. Consult a benefits advisor for personalized analysis.

Your savings scenario

Estimated outputs

Annualized savings per employee

CPP + EI savings for each employee's annual HSA allocation.

Total annual employer savings

CPP + EI savings across all employees in this scenario.