Jones, Lucretia Disanto
March 2005
Advisor Today;Mar2005, Vol. 100 Issue 3, p34
Trade Publication
The article focuses on issues related to health savings accounts (HSAs) in the U.S. HSAs were initiated when the U.S. President George W. Bush signed the Medicare Modernization Act into law in November 2003. An HSA is a tax-exempt account established for the purpose of paying medical expenses. HSAs are available to individuals who enroll in an high-deductible health plan, are not enrolled in Medicare, are not covered by another health plan and are not claimed as dependents on someone else's federal tax return. INSET: THE BENEFITS OF A HEALTH SAVINGS ACCOUNT.


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