Category: HSA Rules and Tools

HSA Enrollment Tips and Traps

May 31st, 2019

“If you’re enrolled in any Part of Medicare, you can’t open an HSA if you don’t already have one, and you can no longer make or receive contributions to an HSA – even if you remain covered on your employer’s HSA-qualified plan and your employer contributes to every eligible employee’s HSA.” William G. (Bill) Stuart.. Read more

A Dangerous Intersection

May 16th, 2019

” [Y]ou may have to pay a permanent premium surcharge if you don’t’ enroll when you’re first eligible. But you may not. And it may make sense to incur future penalties in exchange for immediate financial benefits” William G. (Bill) Stuart Director of Strategy and Compliance May 23, 2019 Readers of this column know that.. Read more

Take It to the Limit with an HSA and Limited Health FSA

December 27th, 2018

“If you want to pay this year’s expenses this year and enjoy immediate tax benefits, a HSA/Limited-Purpose Health FSA combination allows you to pay your bills and gain a tax advantage this year, rather than carry financial obligations or delay tax benefits into the future.” William G. (Bill) Stuart Director of Strategy and Compliance December.. Read more

A Few Pesky HSA Compliance Issues

December 11th, 2018

“[T]his young adult woman can open her own HSA. She doesn’t have to be the medical-plan subscriber. In fact, it’s not unusual for more than one person on a contract to be HSA-eligible.” William G. (Bill) Stuart Director of Strategy and Compliance Dec. 13, 2018 One of the advantages of spending time in the field.. Read more

Your Compliance Questions Answered

November 1st, 2018

  “The only factor that matters when determining whether an HSA-eligible person is entitled to a family or self-only contribution is the size of the contract. Period.” William G. (Bill) Stuart Director of Strategy and Compliance November 1, 2018 An important part of my job is to answer your questions about Consumer-Driven Health (CDH) generally.. Read more

Your HSA Compliance Questions Answered

May 23rd, 2018

“This strategy is particularly popular in the small-group market, where deductibles are high and employee claims experience isn’t factored into premiums. Groups that are healthier (either fewer total claims or high claims among only a handful of employees) can benefit from this approach.” William G. (Bill) Stuart Director of Strategy and Compliance May 24, 2018.. Read more

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