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Sponsored by Lorman Education
Only registered attendee will receive continuing education credit.
Product ID: 405831
 
Credit & Course Provided by:

Health Savings Account (HSA) for Banks

Live Webinar
July 30, 2019
1:00 pm ET (12 pm CT, 11 am MT, 10 am PT)
1 hour 30 minutes
Live Webinar$219Register Now
Can't Attend?   Audio & Reference Manual$219Add to Cart

Gain a better understanding of how HSA rules are applied when contributions are made through employers.

Health Savings Accounts (HSAs) may be offered by banks, insurance companies and certain IRS approved custodians. According to Devenir Research, there were 25 million HSAs at the end of 2018, an increase of 13% over 2017. These are stable, relationship-based accounts that generate monthly service fees as well as deposits. While many financial institutions offer retail HSAs to walk-in customers, growth in this industry is driven by employers that select single HSA custodians to receive all of their employees’ pre-tax payroll contributions. Financial institutions that wish to grow HSA accounts must understand how HSA rules are applied when contributions are made through employers, along with roles and responsibilities of third party administrators, online administration platforms, investment advisors, brokers, and investment subcustodians.

Learning Objectives

• You will be able to define the pros and cons of HSAs for employers and employees.

• You will be able to describe the rules and regulations that apply to HSAs.

• You will be able to discuss service models within the HSA industry.

• You will be able to explain the basic roles and responsibilities for HSA custodians and other industry participants.

Registration

Live Webinar$219Register Now
Can't Attend?   Audio & Reference Manual$219Add to Cart