Skip to content

A-9 Needed for HSA Accounts?

Do we need the A-9 form for HSA accounts? Our HSA accounts are housed on the deposit side and debit cards are issued. However, I know that we do not charge overdraft fees on these accounts, so I am thinking that the A-9 is not necessary? Is that right?

Answer by John Burnett:If you do not and will not charge these accounts any kind of overdraft fee, Section 205.17 of Regulation E won't be applicable at all, and you will not need an A-9 form.


Answer by Randy Carey:An HSA account cannot be overdrawn, as it would be a prohibited transaction, so any discussions regarding overdraft fees are a moot point.

First published on 10/25/10

First published on 10/25/2010

Filed under: 
Filed under technology as: 

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics