Courses

Surgent's Ins and Outs of Health Savings Accounts

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Member Price: $99.00 Non-Member Price: $129.00

Date/Time:: Feb 3, 2025, 1:00pm–3:00pm
Developer:: SURGENT MCCOY SELF-STUDY CPE, LLC
CPE Credits:: Taxes: 2.00
Fields of Study:: Taxes
Level:: Intermediate

Health savings accounts (HSAs) are an effective way for employers to provide employees with financial help so they can pay their out-of-pocket medical expenses in a tax-efficient manner. Individuals who are not participating in an employer-funded HSA may set up their own HSA to achieve the same ends.

Clients often ask tax practitioners about the mechanics of HSAs and whether they are beneficial. This program is a two-hour discussion of the topic led by Roy Ramthun, who will take you through the many rules and complexities of this challenging subject.

Objective

Understand how an HSA works and who can set one up
Recognize why an employer would want to set up an HSA for its employees
Describe how enrollment in Medicare affects an HSA

Highlights

Benefits of an HSA
How an employer sets up an HSA
How individuals qualify to set up an HSA
High deductible health plans and how they relate to an HSA
Eligible medical expenditures
Annual contributions to an HSA
Importance of enrollment in Medicare
Qualified HSA funding distribution

Designed For

Finance and accounting professionals who anticipate advising clients with respect to health care issues, and particularly the role and mechanics of HSAs

Prerequisite

Basic knowledge of individual income taxation

Advanced Preparation

None