Health Savings Accounts (HSA) FLEXCAST

Overview

This class will provide you with an overview of the advantages and benefits of a Health Savings Account (HSA). The money you put into an HSA is tax deductible with the balances grow tax free over the account owners lifetime. Withdrawals from the HSAs are tax free if used for eligible health care expenses. This triple tax advantage makes HSAs a powerful option for you or your client.

Highlights

HSA Tax Advantages. HSA vs. FSA.

Prerequisites

None.

Designed For

CPAs and other tax professionals.

Objectives

HSA advantages. Who can participate. One-time IRA rollover provision. Super HSA. Withdrawals from HSA. Payment of insurance premiums. HSA in relation to Medicare and retirement planning

Preparation

None.

Notice

This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.