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IRS Issues More Guidance on Health Savings Accounts
Deloitte via BenefitsLink
[Guidance Overview] June 18, 2008
Excerpt: The Internal Revenue Service on June 4, 2008 issued guidance on certain changes to the rules for health savings accounts (HSAs) made by the Health Opportunity Patient Empowerment (HOPE) Act of 2006 (P.L. 109-432). [Notice] 2008-52 provides guidance on certain changes to the HSA contribution rules. The latter is of particular interest to employers because it describes how new employees and others who first become eligible to fund an HSA during the middle of a year can still make a full contribution to their HSA for that year.
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