HSA Owners Manual, Third Edition: What Every Accountholder, Employer and Benefits Consultant Needs to Know about Health Savings ,Used

This book is the owners manual that did not come withyour HSA.Health Savings Accounts are becoming a more common partof average Americans lives. Paired with HSAqualified healthplans, they cover a growing number of Americans health carecosts. And the trends indicate that theyll become an even moreimportant part of more peoples health care in the future.This book is designed to help you understand HSAs andHSAqualified health plans. When you enroll in these plans, youoften receive a mass of literature about the health plan, outliningwhat services are covered, your costsharing, exclusions, rules tofollow, and how to appeal a claim denial, among other topics.You probably received some information about the HSA itselffrom your trustee. It most likely came in the form of a glossytwelvepage brochure with pictures of smiling families and caringdoctors, plus some very basic information about how to set upyour account, how much you could contribute, and a partial listof expenses eligible for taxfree distribution.That level of information is simply inadequate for you tomanage your HSA. If you rely on that information alone, youllprobably end up doing something inadvertently that runs afoulof HSA rules and regulations. Even if your HSA custodian isthe rare one that provides adequate and easytounderstandinformation in its printed materials and online to keep you in compliance, youll never learn how to maximize the benefit ofyour HSA. HSA trustees simply do not provide this information.So where do you turn for complete information on remainingcompliant with HSA rules and regulations and maximizingthe shortterm and longterm tax advantages of your HSA?Right here, with this book. HSA Owners Manual is the mostcomprehensive guide to HSAs available anywhere. This book isthe owners manual that did not come with your HSA. If you followthe advice in this book, youll keep your HSA in compliancewith current HSA rules and regulations. Youll also learn aboutsources of updated information as the IRS releases new rules andinterpretations and as the Department of Health and HumanServices issues health care reform regulations that impact HSAs.Your HSA trustee may offer similar information, but probablynot in an easytounderstand format and certainly not in asingle volume.In addition, this book delivers information that no HSAtrustee offersstrategies to help you maximize your financialopportunity as an HSA accountholder. Youll learn how tointegrate your HSA into your shortterm tax savings and longtermasset building strategies. Youll receive information thatwill help you determine when you should use your HSA as areimbursement account and when youll benefit from utilizing itas a longterm financial asset.May your journey through the pages of this book reduce yourconfusion about your HSA and help you embrace it to unlock itshidden value for your longterm financial health.