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NEW HEALTH SAVINGS ACCOUNT GUIDANCE
March 31, 2004
The Treasury let fly a salvo of Health Savings Account guidance yesterday. Key items include:
-a transition rule for HSAs using high-deductible plans with prescription benefits that would otherwise disqualify the plan.
-a rule allowing existing HSAs to cover costs incurred as far back as January 2004.
The mighty BenefitsBlog is all over the new guidance.
Our prior coverage of HSAs:
THE NEW HEALTH SAVINGS ACCOUNTS: HOW THEY WORK
IRS ISSUES Q&A DISCUSSION OF HEALTH SAVINGS ACCOUNTS
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