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#850571 - 11/07/07 05:07 PM Opening HSAs
ComplyOhMy Offline
Platinum Poster
Joined: Dec 2005
Posts: 514
Lexington, Kentucky
My bank is about to start offering HSAs. Can anyone point me in the direction of the regulations or guidelines that govern these? Please!!!!!

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#851166 - 11/08/07 01:17 AM Re: Opening HSAs ComplyOhMy
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 84,347
Galveston, TX
Most all you need can be found here:

http://www.ustreas.gov/offices/public-affairs/hsa/forms/

This is not a money making product unless you do a whole lot of them - and then I would still look closely at the cost/benefit analysis. On a small portfolio you will burn up all profits on employee training alone.
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The opinions expressed here should not be construed to be those of my employer: PPDocs.com

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#851284 - 11/08/07 02:51 PM Re: Opening HSAs ComplyOhMy
ComplianceGurl, CRCM Offline
Platinum Poster
Joined: Jul 2007
Posts: 501
We started offering HSA's about three years ago. I find this manual extremely helpful. It can be ordered at: http://www.ascensus.com/rps/referenceManuals/references.aspx. It is the Health Savings Account Compliance and Operations Manual.

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#851311 - 11/08/07 03:20 PM Re: Opening HSAs ComplianceGurl, CRCM
ComplyOhMy Offline
Platinum Poster
Joined: Dec 2005
Posts: 514
Lexington, Kentucky
Rookie, I try to go to the link but it won't let me. Are you sure the website is still active? Are you able to reach it ok?

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#851339 - 11/08/07 03:38 PM Re: Opening HSAs ComplyOhMy
ComplianceGurl, CRCM Offline
Platinum Poster
Joined: Jul 2007
Posts: 501
Yes, I just ordered one myself. Try going to http://www.ascensus.com instead. Click on Reference Manuals that appears in the center of your screen. The second one from the bottom is for HSA's. Good luck!

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