PPT-Winning with an HSA Nothing in this communication is intended as legal, tax, financial,

decisions It is the members responsibility to ensure eligibility requirements as well as if they are eligible for the plan and expenses submitted No soliciting No recording No photography No . Nothing in this communication is intended as legal, tax, financial, medical or marital advice. Always consult a professional when making life changing . decisions. It . is the members' responsibility to ensure eligibility requirements as well as if they are eligible for the plan and expenses submitted. . 2. HealthEquity webinar series:. Health savings account basics. Tips to maximize your HSA savings. HealthEquity member portal overview. www.healthequity.com/webinars. Winning with an HSA. 3. HealthEquity, Inc., does not provide legal, tax, financial or medical advice. Always consult a professional when making life changing decisions. . This presentation is adopted from a presentation made in an advanced tax planning class as part of the curriculum for my Master’s in Tax & Financial Planning at San Diego State University. Although it highlights many of the HSA basic concepts, it is actually designed to focus on a little known “secret” behind the HSA plan—the ability to by-pass the 7.5% AGI limitation required before most people can ever deduct any of their medical expenses. I hope you enjoy!. Alan Costelloe.. Senior Inspector SIU. Regulatory Investigation Conference - 20th October 2017. Outline of presentation. Give a flavour of HSA accident investigation . Main activities. Sample scenarios. October . 23 – November 10, 2017. welcome to benefits open enrollment!. Bentley is committed . to:. Offering . a comprehensive, competitive . and affordable benefits . package that is part of your Total Rewards package. ). 2. Optum . Bank. ℠, M. ember FDIC. Established in 2003. Subsidiary of Optum – . owned by UnitedHealth Group. Deposits are insured by the FDIC up to $250,000. Focuses solely on health care banking. Funding & Invoicing. ____ __. Agenda. HSA Funding & Invoicing. Invoice for Administrative Fees. File and Funding Process. Unopened Account Funding (Pending Contributions). 1 *Nothing contained herein is intended to be legal and/or tax advice and is offered solely for instruction. Any legal and/or tax questions should always be addressed to licensed legal and/or tax professionals. Further, nothing herein is designed to replace or modify, in any way, the policies, procedures and instructions of any licensee’s managing broker Town of Medfield. What is a Health Savings Account?. A HSA is a tax-advantaged medical savings account available to employees who are enrolled in a high-deductible health plan (HDHP).. The funds contributed to an account are not subject to federal income tax at the time of deposit. . Information. ConnectYourCare. is your health care account administrator, offering the most advanced and user-friendly account solution.. Online and mobile . account access. Health education tools. Payment card. health . sav·ings. . ac·count. . (noun) A savings account used in conjunction with a high deductible health plan (HDHP) that allows users to save money tax-free to pay for qualified healthcare expenses. HSAs: Who’s not? All of these benefits come with a price – there are stringent rules as to who can open and contribute to an HSA –  Who can open an HSA: To open an HSA in your name , you m Age 65 General Distributions At age 65, you can take penalty - free distributions from the HSA for any reason. However, i n order to be both tax - free and penalty - free the distribution must be fo A CDHP (Consumer Directed Health Plan) is a specific type of high deductible health plan that meets IRS requirements allowing it to be coupled with tax-advantaged personal Health Savings Account (HSAs)..