Regional Vice President of Sales The Retirement Plan Company
|
Bates & Company, Inc.
|
AimPoint Pension
|
Loan & Distribution Specialist AimPoint Pension
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
Compass
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
IRS Issues Additional HSA Guidance
FIS Relius Apr. 2, 2004
Excerpt: Note that after the HSA is established, there is no guidance on whether there is an outside limit on obtaining tax-free payments or reimbursements from the HSA. For example, suppose an HSA is established today with a deposit of $1,000. A medical expense of $1,000 is incurred tomorrow. Without any outside deadline, the individual could leave the $1,000 in the HSA for 20 years and then withdraw $1,000 tax-free and claim it is a reimbursement of the medical expense incurred 20 years ago.
|
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |