Benefits Alert: Reaching for High-Hanging Fruit, the IRS Issues Guidance on the Interaction of the HSAs with Other Health Arrangements
5/20/2004
This Client Alert from Mintz Levin's Employee Benefits and Executive Compensation Group addresses a recent Internal Revenue Service "Revenue Ruling" on the interaction of Health Savings Accounts (HSAs) with health Flexible Spending Accounts (health FSAs) and Health Reimbursement Accounts (HRAs). The much-anticipated IRS guidance clarified for plan sponsors how health FSAs and HRAs must be designed to preserve for employees the valuable tax advantages associated with HSAs.
The likely impact on plan sponsors of this IRS Ruling is described in the linked publication.
