WASHINGTON - With talk of Health Savings Accounts on the rise, CUNA will host an audio-conference on HSAs on August 10 from 2:00 -3:30 p.m. EST. Approved as part of the Medicare Prescription Drug, Improvement and Modernization Act of 2003, HSAs are designed to help individuals save for medical and retiree health expenses on a tax-free basis. Any individual covered by a high-deductible health plan (HDHP) may establish an HSA. The audio conference will be divided into two parts, credit unions as fiduciaries and credit unions as employers, to help answer such HSA questions ranging from the steps CUS need to take to become a fiduciary for HDHPs and HSAs, to IRS requirements for CUs offering HSAs to employees. According to CUNA the audio conference will be available on cassette. Orders for the audiotape must be placed by the date of the audio conference and will be shipped within two weeks of the event.
This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, click the "Reprints" link at the top of any article.
From the July-28, 2004 issue of Credit Union Times Magazine • Subscribe!
CUNA to Update CUs on HSAs
Want the latest credit union news?
Sign up for our free newsletter today! All the breaking credit union news and information you need to make the right decision for your credit union delivered to your inbox. For free!
Thanks for subscribing, you will start receiving the Daily News Alert tomorrow!
Comments
Resource Center
View All »
Winning the War on Cybercrime: The Four Keys to Holistic...
This white paper examines the importance of adapting to changes in fraud attacks without significant...
FFIEC Proposed Guidance on Social Media and How it Affects...
To learn how you and your institution can stay compliant with the new proposed FFIEC...
The Rise of "Mobile Commerce" and How it Affects YOU!
Could plastic cards become a thing of the past? This white paper explains what constitutes...
Key Indicators of High Performing Credit Unions
Get a complimentary demo of our loan portfolio analytics and access to the white paper,...
