US 11,704,742 B2
Retail HSA funding and payment mechanism
Jennifer Frankenfield, Old Hickory, TN (US); and Vrajesh Bhavsar, Franklin, TN (US)
Assigned to ConnectYourCare, LLC, Hunt Valley, MD (US)
Filed by ConnectYourCare, LLC, Hunt Valley, MD (US)
Filed on Feb. 19, 2021, as Appl. No. 17/180,353.
Application 17/180,353 is a continuation of application No. 16/731,223, filed on Dec. 31, 2019, granted, now 10,929,935.
Prior Publication US 2021/0201425 A1, Jul. 1, 2021
This patent is subject to a terminal disclaimer.
Int. Cl. G06Q 40/00 (2023.01); G06Q 40/10 (2023.01); G06Q 20/20 (2012.01); G06Q 20/40 (2012.01); G06Q 20/22 (2012.01); G06Q 40/08 (2012.01)
CPC G06Q 40/10 (2013.01) [G06Q 20/206 (2013.01); G06Q 20/223 (2013.01); G06Q 20/4014 (2013.01); G06Q 20/4037 (2013.01); G06Q 40/08 (2013.01)] 20 Claims
OG exemplary drawing
 
1. A method for performing over-contribution analysis when creating an account at a point of sale, comprising:
creating, by one or more processors, in a plan management system, the account comprising a balance in response to a creation request received from a provider at the point of sale in a point-of-sale terminal, the creation request specifying an initial funding amount, an account holder, an expenditure amount, and one or more login credentials for one or more external accounts associated with the account holder;
accessing, by the one or more processors, the one or more external accounts associated with the account holder via an application programming interface exposed by an external account servicer using the one or more login credentials to determine one or more contributions that occurred in the one or more external accounts during a plan year;
calculating, by the one or processors, a total contribution amount by summing the one or more contributions across the one or more external accounts;
adding, by the one or more processors, the total contribution amount to the initial funding amount to determine an aggregate contribution amount for the plan year;
comparing, by the one or more processors, the aggregate contribution amount to a contribution limit for the plan year to determine an over-contribution; and
when an over-contribution is determined, providing, by the one or more processors, an alert at the point-of-sale terminal to the account holder prior to funding the account.