Health Savings Account Answer Book answers every HSAquestion.clarifies every HSA issue.in a format that's quick and easyto use. It tells you virtually everything you have to know to profitfrom HSAs - from how they work, what they offer participants, and howthey can benefit employers to helping you determine how well they willfit your company or clients. In quick-access, Q&A format, the Answer Book: C uts through the hype and current confusion surrounding HSAs Helps you accurately weigh all their pros and cons Gives you the facts you need to make sound decisions.avoidpitfalls.answer employee challenges.and deal effectively withhealthcare vendors Health Savings Account Answer Book answers more than 600 keyquestions on all aspects of HSA establishment, administration, andcompliance - including rules and penalties, medical coverage,contributions and deductions, distributions, rollovers and transfers,fiduciaries, filing requirements, and more.
For example⦠After enactment of health care reform in 2010, will Congress considerlegislation further expanding HSAs? What are the advantages HSAs offer over the other consumer-drivenhealth plans? When is the deadline for making annual contributions? When is a mid-year enrollee treated as being HSA eligible for theentire year? How are rollovers from an HRA and FSA made? How are the tax-free qualified funding transfers to an HSA from an IRAor Roth IRA treated? What are the advantages to an employer of allowing employees tocontribute to an HSA on a pretax basis through a cafeteria plan? How does an employer make accelerated HSA contributions? What happens if an employee fails to establish an HSA?.