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Health Savings Accounts- Annual Update and Review Webinar


The Health Savings Account program was signed into law in 2004 to help relieve the financial burden caused by high deductible health insurance plans. As premiums skyrocketed back in the early 2000’s, the “semi” cost-effective way of dealing with higher out-of-pocket expenses was to open a tax-deductible account earning tax-free interest when used for a qualified medical expense.

Over the last 15 years there have been many changes to HSAs so this annual update is a necessity when it comes to keeping up with the latest rules and regulations.

Covered Topics

  • What are the HSA Cost of Living Adjustments for 2022?
  • What happens to a Family plan when one spouse enrolls in Medicare?
  • Are customers eligible to have an HSA if they dropped their health insurance?
  • What happens when an HSA owner dies?
  • What are the reporting requirements by the bank and the HSA Customer?
  • What are the new qualified tax-free medical expenses?
  • Who can use the funds in the HSA?
  • How are non-qualified withdrawals from an HSA taxed and penalized?
  • Is there a time limit for an HSA owner to be reimbursed from an HSA for out-of-pocket medical expenses?

Who Should Attend?
All bank personnel involved in opening, processing and answering questions regarding Health Savings Accounts – including CSRs, Call Center Reps, Operations and Compliance.