Agents/Brokers Frequently Asked Questions

Q.	Can an employee's debit card be used for their Health Savings Account (HSA), Flexible Spending Account (FSA) and Health Reimbursement Arrangement (HRA)?
Q.	Can HSA Bank work with my client's payroll vendor so that contributions can be deducted from their employees' paychecks?
Q.	Can my client contribute a bonus to one employee's account because that employee has greater health issues?
Q.	How are employer contributions separated from employee payroll deductions?
Q.	How are employer contributions viewed by the IRS? Can my client's employees deduct employer contributions from their taxes?
Q.	How can employees distinguish between employer and employee contribuitons?
Q.	How does an employee roll FSA funds to an HSA?
Q.	If an employee uses their debit card at a general merchant (i.e.. Wal-Mart, Target, and Wegmans) for qualified medical expenses and to purchase other items, will their HSA Bank debit card be accepted for the entire transaction? If not, what should they do?
Q.	If an employee’s spouse works at a different company, and my client's employee is covered under the spouse’s HSA-compatible health plan, are they required to contribute to their employee's HSA?
Q.	What is a Section 125 plan? How do we set one up?
Q.	What is the difference between "Employer", "Pre-tax" and "Employee" contributions?
Q.	When can my clients start funding their employees' accounts?

Agent & Broker FAQs