Editor’s Picks June 9, 2008

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IRS Notice Details Procedures For IRA Transfer To HSAs.

hr.cch.com, June 9, 2008
The Internal Revenue Service has provided detailed guidance to implement a 2006 amendment to health savings account (HSA) legislation that provides plans the option to allow employees to start an HSA by making a one-time tax-free transfer of individual retirement account (IRA) funds. (Read More)


Banks Could Give Insurers a Run for Their HSA Money by Selling Health Coverage.

aishealth.com, June 6, 2008
Several of the nation’s largest health insurers operate banks that administer health accounts opened by their enrollees. But continued growth of health savings accounts (HSAs) could prompt banks to launch their own health insurance companies, some industry observers predict. (Read More)

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