Health Savings Accounts and Other Tax-Favored Health Plans (HSOH)

Health Savings Account (HSAs) are of great interest to many individual tax clients. An HSA is a tax-advantaged trust or custodial account to save and pay for qualified medical expenses. An HSA can also serve as a retirement account. This program provides an overview of HSAs, Medical Savings Accounts (MSAs), health Flexible Spending Arrangements (FSAs) and Health Reimbursement Arrangements (HRAs).

Panelists are subject to change.

• What is an HSA and who is eligible to use one?
• How to establish an HSA and how to choose HSA beneficiaries
• HSA contributions and distributions
• Tax treatment of HSAs
• Death of an HSA account owner
• Qualified HSA medical expenses
• Using an HSA as a retirement account
• How an HSA compares to an MSA, health FSA and HRA
• When to use other tax-favored health accounts

• Be familiar with Health Savings Accounts and other tax-favored health-related accounts