HSA Workshop Course Overview
Attend the HSA Workshop for a comprehensive HSA curriculum and a practical understanding of critical rules and operational issues. This workshop covers all aspects of a successful HSA program.
Course topics may include
Introduction to HSAs
- Explain the benefits of an HSA
- Discuss growth trends in the HSA marketplace
- Define in-depth high deductible health plan (HDHP) requirements
- Recognize the HSA eligibility requirements and the testing period rules
- Describe exceptions to HDHP coverage
Establishing an HSA
- Summarize the process for establishing an HSA and the required documents
- Identify the requirements for amending HSA documents
- Discuss past legislation that may have required an amendment
HSA Funding
- Define the contribution limits and the deadline
- Describe the last month rule and the testing period rules
- Discuss the effect of changes in HDHP coverage during the year
- State the rules for a qualified HSA funding distribution from an IRA and how they are reported
- Ensure accurate regular contribution reporting
- Discuss the effects of Medicare on funding eligibility
HSA Distributions
- Summarize the tax consequences of qualified and nonqualified distributions
- Describe ways to prevent an extension of credit to an HSA owner and the ramifications of a prohibited transaction
- Communicate how HSA fees are handled
- Describe a mistaken distribution
- Correctly handle excess contributions
- Explain how to handle excess contributions when an HSA has a zero balance
- Explain the tax treatment of an HSA after the HSA owner’s death
- Ensure accurate distribution reporting
HSA Portability
- Distinguish the rules for transfer and rollovers
- Ensure accurate rollover reporting
HSA Compliance
- Identify the financial organization’s responsibilities in administering the HSA program
- Recognize the information sources used for HSA guidance
- Recognize financial organizations’ responsibility versus HSA owners’ responsibilities
Who should attend?
You should attend this seminar if you
- need to become more comfortable with HSA rules,
- are responsible for ensuring a compliant HSA department,
- or are responsible for internal systems, HSA transaction codes, and proper HSA administration