Health Savings Accounts: Advanced Topics on Maximizing the Benefits of an HSA

Scott Becker

Scott Becker, Esq. is a licensed practicing attorney in Lakeville, Minnesota. He has taught a variety of classes on and concentrates much of his practice on employee benefits, corporate work, and retirement planning. His interactive style with practical answers makes him a favorite for attendees of his seminars.

Tuesday, August 5th, 2008
1:30 pm - 3:30 pm CT

In 2003, Congress passed legislation that allows individuals to accumulate dollars and to pay for nearly all medical care on a pretax basis through Health Savings Accounts (HSA’s). The HSA concept is gradually gaining acceptance as people begin to understand the options available in paying for medical care through this product and saving on a tax-advantaged basis.

This 2-hour seminar offers analysis on some of the more advanced ideas on how to use HSA’s from a savings perspective and as a vehicle to pay for medical care. A basic understanding of HSA’s is necessary and it is advisable to have previously participated in the Basics of HSA’s offered by Total Training Systems.

Covered Topics:

This advanced seminar on HSA’s teaches individuals in banking:

Why financial institutions should be interested in offering HSA’s to their customers
How contributions can be maximized through IRA rollovers and regular contributions
How employer-sponsored health insurance plans can be designed to maximize the use of HSA’s
How cafeteria plans for employers are affected by HSA’s and can be used to leverage greater benefits under an HSA
How employees can be encouraged to contribute to HSA’s
How employers can make contributions to HSA’s for employees and what is a comparable contribution
How family vs. individual coverage is determined
How and when distributions may be best made from an HSA
How to maximize HSA’s for future savings in avoiding taxation
Custodial responsibilities for banks and financial organizations
Penalties for noncompliance by the individual accountholder and custodian
Congressional proposals for HSA’s in 2008

Who Should Attend?

The HSA seminar will benefit:

Bank executives seeking to find new sources for deposits
Bankers who work with employers on plan design and maximization for customers
Individuals who work with individuals interested in accumulating funds on a tax-advantaged basis
Customers who might be seeking a better way to provide health insurance benefits for themselves and their families

Sign Up!

On-Demand Recording Only - $255: Unlimited playback & materials only. If you are unable to attend the regularly scheduled event, but are interested in the topic, you can purchase the recorded version. You will receive a web address for online viewing and an audio CD and handouts for offline viewing.