Health Savings Accounts
Updated to reflect a development regarding telehealth services.
Updated to include information on the Consolidated Appropriations Act and No Surprises Act.
As mandated by the Internal Revenue Service, employers must file Form 1099-SA, Distributions From an HSA, Archer MSA, or Medicare Advantage MSA, to report distributions made from such savings accounts.
As mandated by the Internal Revenue Service, every trustee or custodian of health savings accounts, Archer medical savings accounts (MSAs), or Medicare Advantage MSAs must file Form 5498-SA, HSA, Archer MSA, or Medicare Advantage MSA Information, on an annual basis.
Employment glossary definition of HSA (Health Savings Account).
HR guidance regarding the benefits of offering employee Health Savings Accounts.
XpertHR is part of the LexisNexis® Risk Solutions Group portfolio of brands.
The materials and information included in the XpertHR service are provided for reference purposes only. They are not intended either as a substitute for professional advice or judgment or to provide legal or other advice with respect to particular circumstances. Use of the service is subject to our terms and conditions.
View our privacy policy, privacy policy (California), cookie policy, supported browsers and access your cookie settings.
Copyright © 2022 LexisNexis Risk Solutions Group
© 2022 LexisNexis Risk Solutions Group.