Quick Links

Home > Resources > News & Information > Regulatory Updates > Final Regulations on HSA Comparable Contributions Released

Final Regulations on HSA Comparable Contributions Released

The U.S. Internal Revenue Service has released final regulations providing guidance on employer comparable contributions to Health Savings Accounts (HSAs) under section 4980G. These regulations apply in instances where an employee has not established an HSA by December 31st and in instances where an employer accelerates contributions for the calendar year for employees who have incurred qualified medical expenses. These final regulations affect employers that contribute to employees’ HSAs and their employees. These regulations are effective on April 17, 2008 and apply to employer contributions made for calendar years beginning on or after January 1, 2009.

Print | Email |