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Benefits in the News > By Subject >

Medical Savings Accounts (MSAs)


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[Official Guidance] Text of IRS Publication 969: Health Savings Accounts and Other Tax-Favored Health Plans, for Use in Preparing 2016 Returns (PDF)
22 pages; Feb. 10, 2017. "An HSA may receive contributions from an eligible individual or any other person, including an employer or a family member, on behalf of an eligible individual.... An Archer MSA may receive contributions from an eligible individual and his or her employer, but not both in the same year... A Medicare Advantage MSA is an Archer MSA designated by Medicare to be used solely to pay the qualified medical expenses of the account holder who is enrolled in Medicare.... A health FSA may receive contributions from an eligible individual. Employers may also contribute.... An HRA must receive contributions from the employer only. Employees may not contribute." (Internal Revenue Service [IRS])
[Official Guidance] Text of 2016 IRS Instructions for Forms 1099-SA and 5498-SA (PDF)
"Due to the very low volume of paper Forms 1099-SA and 5498-SA received and processed by the IRS each year, these forms have been converted to an online fillable format.... File Form 1099-SA, Distributions From an HSA, Archer MSA, or Medicare Advantage MSA, to report distributions made from a health savings account (HSA), Archer medical savings account (Archer MSA), or Medicare Advantage MSA (MA MSA).... File Form 5498-SA, HSA, Archer MSA, or Medicare Advantage MSA Information, with the IRS on or before June 1, 2017, for each person for whom you maintained a [HSA, Archer MSA, or MA MSA] during 2016." (Internal Revenue Service [IRS])
[Official Guidance] Text of 2017 IRS Instructions for Forms 1099-SA and 5498-SA (PDF)
"File Form 1099-SA, Distributions From an HSA, Archer MSA, or Medicare Advantage MSA, to report distributions made from a health savings account (HSA), Archer medical savings account (Archer MSA), or Medicare Advantage MSA (MA MSA). The distribution may have been paid directly to a medical service provider or to the account holder. A separate return must be filed for each plan type.... File Form 5498-SA, HSA, Archer MSA, or Medicare Advantage MSA Information, with the IRS on or before June 1, 2018, for each person for whom you maintained a [HSA, MSA, or MA MSA] during 2017. You are required to file if you are the trustee or custodian of an HSA, Archer MSA, or MA MSA. A separate form is required for each type of plan." (Internal Revenue Service [IRS])
[Guidance Overview] DOL Fiduciary Rule Applies to Investments of HSAs, MSAs and Coverdell Education Accounts (PDF)
"[A]sserting its authority to issue guidance pertaining to Internal Revenue Code Sec. 4975, the DOL defined 'IRA' in the final rule by referencing IRC Sec. 4975(e)(1), which includes HSAs, ESAs, and MSAs. Considering that such accounts are subject to the same prohibited transaction rules as IRAs, the DOL believes that HSA, ESA,and MSA owners are entitled to receive the same protections as IRA owners." (Ascensus)
[Guidance Overview] Text of IRS Publication 969: Health Savings Accounts and Other Tax-Favored Health Plans (PDF)
21 pages, dated Jan. 13, 2016. "An HSA may receive contributions from an eligible individual or any other person, including an employer or a family member, on behalf of an eligible individual.... An Archer MSA may receive contributions from an eligible individual and his or her employer, but not both in the same year.... A health FSA may receive contributions from an eligible individual. Employers may also contribute.... An HRA must receive contributions from the employer only. Employees may not contribute." (Internal Revenue Service [IRS])
[Official Guidance] Text of IRS Instructions for 2015 Form 8853: Archer MSAs and Long-Term Care Insurance Contract (PDF)
"Use Form 8853 to: [1] Report Archer MSA contributions (including employer contributions), [2] Figure your Archer MSA deduction, [3] Report distributions from Archer MSAs or Medicare Advantage MSAs, [4] Report taxable payments from long-term care (LTC) insurance contracts, or [5] Report taxable accelerated death benefits from a life insurance policy." (Internal Revenue Service [IRS])
IRS Releases 2016 Versions of HSA Reporting Forms, Discontinues Preprinted Forms
"While there have been no significant changes in the content of these forms, the change in their distribution -- from preprinted forms to online forms -- will require changes to the procedures used by some trustees and custodians. For those unfamiliar with these forms, we note that they provide information needed by account holders, who have reporting obligations of their own." (Thomson Reuters / EBIA)
[Official Guidance] Text of 2016 Instructions for IRS Forms 1099-SA and 5498-SA (PDF)
"File Form 1099-SA, Distributions From an HSA, Archer MSA, or Medicare Advantage MSA, to report distributions made from a health savings account (HSA), Archer medical savings account (Archer MSA), or Medicare Advantage MSA (MA MSA). The distribution may have been paid directly to a medical service provider or to the account holder. A separate return must be filed for each plan type. Transfers. Do not report a trustee-to-trustee transfer from one Archer MSA or MA MSA to another Archer MSA or MA MSA, from an Archer MSA to an HSA, or from one HSA to another HSA. For reporting purposes, contributions and rollovers do not include transfers." (Internal Revenue Service [IRS])
[Official Guidance] Text of Rev. Proc. 2014-61: Inflation-Adjusted Limits for 2015 Under Section 125 and Other Code Provisions (PDF)
The annual dollar limit on employee contributions to employer-sponsored healthcare flexible spending arrangements (FSA) rises to $2,550, up $50 dollars from the amount for 2014. Under the small business health care tax credit, the maximum credit is phased out based on the employer's number of full-time equivalent employees in excess of 10 and the employer's average annual wages in excess of $25,800 for tax year 2015, up from $25,400 for 2014. The monthly limitations for qualified transportation fringe benefits are unchanged ($130 for commuter vehicles and transit passes; $250 for qualified parking). (Internal Revenue Service [IRS])
[Official Guidance] 2015 Instructions for IRS Forms 1099-SA and 5498-SA (PDF)
"File Form 1099-SA, Distributions From an HSA, Archer MSA, or Medicare Advantage MSA, to report distributions from made from a health savings account (HSA), Archer medical savings account (Archer MSA), or Medicare Advantage MSA (MA MSA). The distribution may have been paid directly to a medical service provider or to the account holder. A separate return must be filed for each plan type.... File Form 5498-SA, HSA, Archer MSA, or Medicare Advantage MSA Information, with the IRS on or before June 1, 2016, for each person for whom you maintained a health savings account (HSA), Archer medical savings account (Archer MSA), or Medicare Advantage MSA (MA MSA) during 2015." (Internal Revenue Service [IRS])
IRS Releases 2013 Version of Publication on HSAs, HRAs, Flexible Spending Accounts
"The IRS has released the 2013 Publication 969, Health Savings Accounts and Other Tax-Favored Health Plans. This publication is compiled to help taxpayers properly take advantage of the tax benefits of HSAs, Archer medical savings accounts (MSAs), health flexible spending accounts (FSAs), and health reimbursement arrangements (HRAs)." (Ascensus)
IRS 2011 Version of Publication 969 on HSAs, HRAs, Health FSAs, and MSAs
"Publication 969 provides a convenient overview of the basic features of various consumer-driven health care vehicles without getting into too much detail." (Thomson Reuters/EBIA)
IRS Announces Key Benefit Plan Limits for 2012 (PDF)
"The IRS has issued . . . the retirement plan limits for 2012, and [the] 2012 limits for qualified transportation fringe benefits, adoption assistance programs, long-term care products, and medical savings accounts." (Buck Consultants, LLC)
[Guidance Overview] IRS Information Letters Address Unique Qualifying Medical Expenses
"The IRS recently addressed unique taxpayer questions regarding whether certain expenses qualify as medical expenses under Code ? 213 and whether those expenses could be reimbursed from a health care flexible spending account or medical reimbursement account." (Deloitte via BenefitsLink.com)
Legislation Would Tax Some FSA, HSA Distributions
"Legislation approved by the House would require account holders to pay taxes on distributions from health care flexible spending accounts . . ., health savings accounts . . . and Archer medical savings accounts that were used to pay for abortion services." (Towers Watson)
Tax-Advantaged Accounts for Health Care Expenses: Side-by-Side Comparison (PDF)
11 pages. Excerpt: "This report provides brief summaries of the four [types of tax-advantaged] accounts and compares them with respect toeligibility, contribution limits, use of funds, and other characteristics for tax year 2010. The report then discusses changes to the accounts resulting from the enactment of the Patient Protection and Affordable Care Act . . . . The final section of the report covers participation levels in these accounts." (U.S. Congressional Research Service)
[Guidance Overview] IRS's 2011 Versions of Forms 1099-SA and 5498-SA for HSA, Archer MSA, and Medicare Advantage MSA Trustees and Custodians
Excerpt: "Note that the clarification about excess employer contributions (and related earnings) applies only to amounts that are withdrawn by the employer. An employer can ask a trustee or custodian to return excess contributions in very limited circumstances -- when the contributions were made to the account of an employee who never was HSA-eligible or when they exceed the statutory maximum contribution limit . . . ." (Employee Benefits Institute of America)
[Guidance Overview] IRS's 2011 Adjusted Limits for Long Term Care, MSAs, Adoption Assistance, and Tax Credit Limits
Excerpt: "This revenue procedure does not include a number of adjustments normally listed, including the qualified transportation fringe under IRC Sec.132 and the child tax credit under Sec. 24." (Wolters Kluwer)
Tax-Sheltered Health Care Accounts Cannot Be Used to Pay for Breast Pumps and Other Supplies
Excerpt: "That is because the Internal Revenue Service has ruled that breast-feeding does not have enough health benefits to quality as a form of medical care. Those regulations are part of the health care overhaul, which takes effect in January." (The New York Times; free registration required)
[Guidance Overview] IRS Issues Guidance on Over-the-Counter Medicines And Drugs
Excerpt: "The IRS guidance, which includes Notice 2010-59, Revenue Ruling 2010-23, and questions and answers on the IRS website, establishes a rule concerning what it means for an over-the-counter medicine or drug to be 'prescribed,' sets forth new rules concerning the use of debit cards for over-the-counter medicines and drugs after the effective date of the rule, provides a transition rule for any needed cafeteria plan amendments, and discusses when these new rules are effective." (Groom Law Group)
[Guidance Overview] New Prescription Requirement for OTC Medicines and Drugs Will Impact Administration of FSAs, HRAs and HSAs; Guidance on Waiver Process for 'Mini-Med' Plans
7 pages. (Alston+Bird)
[Guidance Overview] IRS Provides Guidance on Over-the-Counter (OTC) Drug Restriction
Excerpt: "The guidance allows tax-free reimbursements for OTC drugs that were purchased before 2011 and held in a 'shoebox' for later reimbursement." (Employee Benefits Institute of America)
[Official Guidance] Text of IRS Rev. Rul. 2010-23: Making Obsolete the Existing Revenue Ruling on Reimbursement of Drug Expenses by FSAs, HRAs, HSAs, MSAs (PDF)
1 page. Excerpt: "Because the definition of medical expenses has been changed, the Internal Revenue Service has concluded that the ruling position stated in Rev. Rul. 2003-102 is no longer determinative. Accordingly, Rev. Rul. 2003-102 is declared obsolete as of the effective date of section 9003 of the Affordable Care Act." (Internal Revenue Service)
[Guidance Overview] Additional Tax on Distributions from HSAs and MSAs under Health Reform
Excerpt: "The additional tax on distributions from health savings accounts (HSAs) and Archer medical savings accounts (MSAs) not used for qualified medical expenses is increased to 20% of the amount of the distribution included in gross income." (Wolters Kluwer)
[Guidance Overview] Health Accounts' Limits for Over-the-Counter Medicines Under Health Reform
Excerpt: "[R]eimbursements for over-the-counter medicines through a health FSA, HRA, or other employer-provided accident or health plan may not be excluded from the employee's gross income. Also, distributions from an HSA or Archer MSA to pay for over-the-counter medicines may not be excluded from the employee's gross income and will be subject to additional penalty." (Wolters Kluwer)
[Guidance Overview] Limitation of Distributions from Health Accounts for Over-the-Counter Medicines
Excerpt: "The definition of qualified medical expenses, for purposes of reimbursements from health flexible spending arrangements (health FSAs) or health reimbursement arrangements (HRAs), and distributions from health savings accounts (HSAs) or Archer medical savings accounts (Archer MSAs), has been modified to include amounts paid for medicine or a drug only if such medicine or drug is a prescribed drug (determined without regard to whether such drug is available without a prescription) or is insulin." (Wolters Kluwer)
[Guidance Overview] IRS 2010 Versions of Forms 1099-SA and 5498-SA for HSA, Archer MSA, and Medicare Advantage MSA Trustees and Custodians
Excerpt: "EBIA Comment: Remember that trustees and custodians should not use these 2010 forms until 2011, when reporting for the 2010 tax year is due. The 5498-SA and 1099-SA information returns -- together with account-related information provided by employers on Forms W-2 -- provide useful information to account holders, who have reporting obligations of their own." (Employee Benefits Institute of America)
[Guidance Overview] Excise Tax Reporting for HIPAA, COBRA and HSA Violations
Excerpt: "HIPAA, COBRA and certain other laws include excise tax penalties for violations and similar excise tax provisions apply to certain health savings account (HSA) and medical savings account (MSA) contributions. Employers have had little guidance on reporting or paying these excise taxes, but final IRS regulations issued in September 2009 fill that void, describing who is responsible for paying the tax, and how and when to report violations." (Mercer LLC)
Say Goodbye to Reimbursement of Over-the-Counter Medications Through FSAs, HRAs, MSAs
Excerpt: "The House Ways and Means Committee's amendment to the America's Affordable Health Choices Act (H.R. 3200) would prohibit employees from using health FSA dollars to pay for over-the-counter medications. The proposal is estimated to raise $8.2 billion over 10 years. The proposal also would extend to health savings accounts (HSAs), health reimbursement arrangements (HRAs) and Archer Medical Savings Accounts (Archer MSAs)." (Wolters Kluwer)
Nonbank Trustees and Custodians: IRS Web Page
Excerpt: "Pursuant to Treas. Reg. ?1.408-2(e), an entity that is not a bank (or, in the case of Archer medical savings accounts and health savings accounts, not a bank or an insurance company) must receive IRS approval to serve as a nonbank trustee or custodian of the following types of tax-exempt trusts or accounts . . . ." (Internal Revenue Service)
When Is $100 Worth $155? If You're in 28 Percent Tax Bracket, That's the Value of Paying for Personal Expenses with Pre-Tax Dollars
Excerpt: "Any time you take advantage of a tax savings opportunity, less of your hard-earned money goes to taxes and, therefore, more ends up in your pocket. So, let's . . . review some of the tax breaks available to you these days." (The Boston Globe)
[Guidance Overview] 2009 Reporting Forms and Instructions for HSA, Archer MSA, and Medicare Advantage MSA Trustees and Custodians
Excerpt: "EBIA Comment: Remember that these 2009 forms aren't to be used by trustees and custodians until 2010, when reporting for the 2009 tax year is due. We note that the mention of economic stimulus payments in the Form 1099-SA instructions for 2009 presumably relates to IRS guidance allowing individual account holders to withdraw without penalty payments made by direct deposit under the Economic Stimulus Act of 2008 . . . ." (Employee Benefits Institute of America)
[Guidance Overview] IRS's 2008 Version of Publication 969 on HSAs, HRAs, Health FSAs,and MSAs
Excerpt: "EBIA Comment: Publication 969 is a handy tool for comparing the basic features of various consumer-driven health care vehicles without getting too bogged down in the details. The updated version of Publication 969 is also a reminder of the considerable amount of pertinent guidance that the IRS issued in 2008, particularly on HSAs." (Employee Benefits Institute of America)
[Official Guidance] Text of IRS Rev. Proc. 2008-48: Treatment of Dependent by Noncustodial Parent When Custodial Parent Has Not Released Claim (PDF)
5 pages. Excerpt: "The Service will treat a child described in the scope section of this revenue procedure of taxpayers within the scope of this revenue procedure as the dependent of both parents under 105(b), 106(a), 132(h)(2)(B), 213(d)(5), 220(d)(2), and 223(d)(2), whether or not the custodial parent releases the claim to the exemption under 152(e)(2). . . . This revenue procedure is effective August 18, 2008. However, taxpayers may apply this revenue procedure in any taxable year beginning after December 31, 2004, for which the period of limitation on credit or refund under 6511 has not expired as of August 18, 2008." (Internal Revenue Service)
[Guidance Overview] IRS Provides Tax Relief for Certain Recipients of Stimulus Payments
Excerpt: "Individuals who elected to have their federal tax refunds credited to their individual retirement arrangement (IRA), health savings account (HSA), Archer MSA, Coverdell education savings account (ESA) ,or qualified tuition program account (QTP or section 529 program) via direct deposit are eligible to withdraw those amounts on a tax and penalty-free basis." (RetirementDictionary.com)
[Opinion] A Reconsideration of Tax Expenditure Analysis (PDF)
87 pages. Excerpt: "This document, prepared by the staff of the Joint Committee on Taxation . . . reconsiders the utility of the JCT Staff's current implementation of tax expenditure analysis. . . . Driven off track by seemingly endless debates about what should and should not be included in the 'normal' tax base, tax expenditure analysis today does not advance either of the two goals that inspired its original proponents: clarifying the aggregate size and application of government expenditures, and improving the Internal Revenue Code." (U.S. Congress, Joint Committee on Taxation)
[Official Guidance] IRS Announcement 2008-44: No Penalty for Withdrawing Stimulus Payment That Was Deposited Directly Into IRA, HSA or Similar Accounts (PDF)
4 pages. Excerpt: "The account specified by the taxpayer could be a checking or saving account, or an account that is given favorable tax treatment under the Code, such as an IRA, a health savings account (HSA), an Archer MSA, a Coverdell education savings account (CESA), or a qualified tuition program account (QTP or section 529 program) . . . . An individual may withdraw from a tax-favored account an amount less than or equal to the amount of the Economic Stimulus Payment directly deposited into such account, notwithstanding any restrictions in the Code. To the extent that the withdrawal is made no later than the time for filing the taxpayer's income tax return for 2008, plus extensions (or in the case of a CESA, the later of May 31, 2009, or the time for filing the taxpayer's income tax return for 2008, plus extensions), the amount withdrawn is treated as neither contributed to nor distributed from the account. Thus, the amount withdrawn will not be subject to regular federal income tax nor to any additional tax or penalty under the Code." (Internal Revenue Service)
[Guidance Overview] Are Rollover and Transfer Contributions to Health Savings Accounts Permitted?
Excerpt: "Rollover and transfer contributions from Archer Medical Savings Accounts (MSAs) and other HSAs to an HSA are permitted. They need not be in cash and are not subject to the annual contribution limits. . . . Rollovers from certain flexible spending arrangements (FSAs) and health reimbursement arrangements (HRAs) are also allowed, subject to the rules of IRS Notice 2007-22." (Wolters Kluwer)
Overview: IRS Issues 2008 Inflation-Adjusted Limits for Pre-Tax Transportation and Other Fringe Benefits
Excerpt: "In general, IRC 132(f) allows employees to exclude from their gross incomes, the value up to certain limits of 'qualified transportation fringe' benefits provided by their employers. 'Qualified transportation fringe' benefits include transportation between home and work in a 'commuter highway vehicle;' mass transit passes; and 'qualified' parking." (Deloitte via BenefitsLink.com)
IRS Releases 2008 Reporting Forms and Instructions for HSA and Archer MSA Trustees and Custodians
Excerpt: "EBIA Comment: Remember that these 2008 forms aren't to be used until 2009, when reporting for the 2008 tax year is due. Note that employers and account holders of HSAs and Archer MSAs also have IRS reporting obligations. Employers must report their contributions to employees' HSAs and Archer MSAs on Form W-2. HSA account holders must report HSA information on Form 8889, which is filed with Form 1040 . . . . Archer MSA account holders must file Form 8853 with Form 1040 to report information about their Archer MSAs." (Employee Benefits Institute of America)
Overview: Key IRS Benefit Plan Limits for 2008 (PDF)
Excerpt: "The IRS has issued a press release announcing the retirement plan limits for 2008, and Revenue Procedure 2007-66, which contains 2008 limits for qualified transportation fringe benefits, adoption assistance programs, long-term care products, and medical savings accounts." (Buck Consultants)
Another Question is Answered in the Consumer-Driven Healthcare Reimbursement Accounts (HSAs, HRAs, Archer MSAs, Medicare MSAs) Q&A Column
What are the requirements to make a tax free Qualified HSA Distribution (rollover from a Health FSA or HRA to a Health Savings Account)? (BenefitsLink.com)
Overview: IRS 2007 List of Approved Nonbank Trustees & Custodians for HSAs & Other Tax-Exempt Trusts
Excerpt: "EBIA Comment: As we have previously noted, the slow growth in the number of approved entities is probably attributable to the extensive requirements that nonbank trustees and custodians must meet in order to gain IRS approval. Note that in addition to HSAs, these entities are approved as trustees and custodians of Archer MSAs." (Employee Benefits Institute of America Inc.)
BenefitsLink Named 'Best of the Web' by Human Resource Executive Online
We're the only site in the 'Benefits' category! Thanks for letting us share this news with you. Excerpt: "With that in mind, we considered it fitting to present in this anniversary issue 10 of the best HR Web sites and 10 of the best HR blogs for your browser's Favorites/Bookmarks list. . . . [I]f it's about benefits, you'll find something about it on BenefitsLink. Just a cruise down its left side navigation/links bar, and you quickly get the idea how they chose the site's name back in 1995." (Human Resource Executive Online; free registration required)
IRS Releases Reporting 2007 Form and Instructions for HSA and Archer MSA Trustees and Custodians
Excerpt: "The IRS has released a revised version of Form 5498-SA for the 2007 tax year, and a revised version of the Instructions for Forms 5498-SA and 1099-SA, to reflect new HSA contributions permitted by the Tax Relief and Health Care Act of 2006 (TRHCA). Trustees and custodians of HSAs and Archer MSAs must use Form 5498-SA to report contributions to (and the fair market value of) these accounts, and they must report distributions on Form 1099-SA." (Employee Benefits Institute of America)
IRS Announces That 2005 and 2006 Are Not Cutoff Years for Archer MSA Program
Excerpt: "EBIA Comment: As we expected, the number of Archer MSAs continues to remain well below the statutory cutoff limit of 750,000. Part of the reason for the low numbers, particularly in 2006, may be that the program previously terminated at the end of 2005 and was not retroactively reinstated until December 2006." (Employee Benefits Institute of America Inc.)
Announement 07-44: Archer Medical Savings Accounts (MSAs) Allowed to Continue Past April 19, 2007 (PDF)
6 pages. Excerpt: "Sections 220 (i) and (j) of the Internal Revenue Code provide that if the number of Archer Medical Savings Account (Archer MSA) returns filed for 2005 or 2006 or a statutorily specified projection of the number of Archer MSA returns that will be filed for 2005 or 2006 exceeds 750,000, then April 19, 2007, is a 'cut-off' date for the Archer MSA pilot project. . . . [The IRS has determined that] April 19, 2007 is not a 'cut-off' date . . . ." (Internal Revenue Service)
Text of 2007 'Medicare & You' Handbook (PDF)
116 pages. Provides insight into what individuals are being told about coordination with employer-provided health plans (p. 61), long-term care insurance (p. 62), and Medical Savings Accounts (p. 39). (Centers for Medicare & Medicaid Services)
Overview: Archer MSA Trustees' Reports Due March 20
Excerpt: "Announcement 2007-24 notifies Archer MSA trustees and custodians that they must report on Form 8851, no later than March 20, 2007, the number of Archer MSAs established (1) between January 1, 2005 and June 30, 2005; and (2) between January 1, 2006 and June 30, 2006." (Employee Benefits Institute of America)
Text of Announcement 2007-24: Reporting Requirements by Trustees of Archer MSAs (PDF)
Announcement 2007-24 notifies trustees and custodians of Archer Medical Savings Accounts (MSAs) that they must report to the Internal Revenue Service the number of Archer MSAs established (1) between January 1, 2005 and June 30, 2005 and (2) between January 1, 2006 and June 30, 2006. Trustees must report this information to IRS on separate Forms 8851 for 2005 and 2006, no later than March 20, 2007. It will appear in Internal Revenue Bulletin 2007-10, dated March 5, 2007. (Internal Revenue Service)
Overview: 2006 Pub. 969: HSAs, HRAs, Health FSAs, Archer MSAs, and 2007 Pub. 15-B on Fringe Benefits
Excerpt: "EBIA Comment: The Tax Relief and Health Care Act of 2006 made many important changes to HSA contribution limits, comparability, and HRA and health FSA interaction . . . . Publication 969 mentions some of these changes, which are effective for 2007. However, the brief summary on HSAs contained in Publication 15-B doesn't reflect these HSA changes, and could be misleading." (Employee Benefits Institute of America Inc.)
Overview: 2007 Minimums and Maximums for High-Deductible Health Plans, HSAs and Archer MSAs
Excerpt: "Update: Provisions in the Tax Relief and Health Care Act of 2006 (Public Law 109-432), which Congress passed and President Bush signed into law in late December 2006, enhance Health Savings Accounts (HSAs), including effectively increasing the contribution maximum. The second table in this Capital Checkup has been updated to reflect this change." (The Segal Group, Inc.)
Overview: President Signs Tax Relief and Health Care Act of 2006
Excerpt: "EBIA Comment: As . . . discussed in . . . earlier articles, the Act makes important changes to HSA contribution limits, comparability, and HRA & health FSA interaction, and it extends the Mental Health Parity Act and the Archer MSA pilot project through 2007." (Employee Benefits Institute of America Inc.)
Medical Expenses Insurance: Simpler and Better
Article by actuary and consultant Richard Herchenroether (8/98) (Richard Herchenroether)

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