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Direct Deposit for your Quarterly Referral Fees.

You can now have your First Horizon Msaver quarterly referral fees directly deposited into your bank account. Simply fill out the Electronic Funds Transfer Form and send it to our office along with a voided check.

First Horizon Msaver, Inc

7400 W 110 St, Ste 520

Overland Park, KS 66210

Please note that if you choose to have your referral fee direct deposited, you will continue to receive the account breakdowns each quarter for your records.

IRS Issues Proposed Rules on HSA Comparable Contributions.

hr.cch.com, July 22, 2008
The Treasury and the IRS have issued proposed pension tax regulations that provide guidance on employer comparable contributions to Health Savings Accounts (HSAs) under Code Sec. 4980G. The proposed regulations allow an employer to contribute to the HSAs of non-highly compensated employees in an amount that is larger than the employer’s contribution to the HSAs of the highly compensated employees with comparable coverage during a period. (Read More)

New HSA “Grab Bag” Guidance Helps Employers.

cobracs.com, July 15, 2008
In late June, Notice 2008-59 provided employers with needed clarification on many issues relating to Health Savings Accounts (HSAs). The IRS Notice takes immediate effect and could spark an increase in HSA-related activity as benefit planning begins in earnest for 2009.
The IRS organized the 42 questions into seven topic areas:

* Eligibility
* High-Deductible Health Plans (HDHPs)
* Contributions
* Distributions
* Prohibited Transactions
* Establishing an HSA
* Administration

Notice 2008-59 is available at: www.treas.gov/press/releases/reports/notice200859.pdf.
(Read More)

It’s a Good Time to Take a Close Look Health Savings Accounts.

www.ledgerdelaware.com, July 11, 2008
Employers face a dual problem: they must keep their costs under control, because that’s essential to operating profitably, and they must provide plans that meet their employees’ needs, because that’s essential to keeping a capable and satisfied staff.

Fortunately, there is an option that small to mid-sized employers should consider: the combination of a high-deductible health plan (HDHP) and a Health Savings Account (HSA). (Read More)

This is not a Fad -

The Rise of the Consumer-Directed Market.

www.benefitsellingmag.com, July 1, 2008
Regardless of the outcome of this year’s presidential election, the U.S. health care system is already undergoing a paradigm shift unlike any we have seen in a generation. Whether we know it or not, the way we pay for health care in this country is already changing rapidly.
(Read More)