A High Deductible Health Insurance Plan (HDHP) combined with a Health Savings Account (HSA) saves employers significant amounts of money on health insurance premiums. This advantage, along with many tax benefits for employees, has led to an explosion in the number of Health Savings Accounts. Turn to the new 2016 Health Savings Accounts Facts to obtain vital HSA questions and answers right at your fingertips.
This clear, concise, Q&A resource covers:- HSA Eligibility - Contribution Limitations – HSA Distributions – Tax Reporting- Employer Contributions- Comparability Testing- Testing Period- Regulatory Materials- HSA Worksheets- HSA Forms
And the 2016 edition of this cutting-edge resource has been fully updated to include: – The 2015 Supreme Court ruling in Obergefell v. Hodges and the impact of same-sex marriages on HSAs – Current fiduciary standards for conflicts of interest issues with retirement accounts – The most recent IRS release concerning HRAs – The current IRS release on the Cadillac Tax and HSAs
