Learning Objective: After completing this course, the student will be able to understand the purpose of an Health Savings Account (HSA), who is eligible for an HSA, how an HSA can be used a supplemental retirement vehicle, how to establish an HSA, how HSAs interact with the ACA and VA insurance. Additionally, the student will lean the meaning high deductible plans, maximum out of pocket expenses, catch up contributions. In addition, the course includes excess contributions, non-qualified distributions, qualified medical expenses, death of a beneficiary, information reporting, prohibited transactions, UBI, non-spouse beneficiary and more. The course also includes the Flexible Savings Accounts (FSA) provisions and compares the benefits of HSAs and FSAs.
CPE Hours: Federal Taxation = 2 CPE Credits / Total = 2 CPE Credits
Accreditation: CTEC, IRS, Enrolled Agents, NASBA CPA
Field of Study: Federal Taxation
Publication Date: 3/30/2023
Instructional Delivery Method: Self-Study
Advanced Preparation: No Advanced Preparation Required
Author: Lee Reams, Sr.
Course Material: A copy of the course material is available for download under the Additional References tab.
Refund Policy: Your complete satisfaction is our #1 priority. At CountingWorks, Inc., we do whatever it takes to make sure your expectations are met on every order we complete. We back all of our products with a 10-day no-hassle money-back guarantee. For information regarding refunds, complaints, and program cancellation policies, please contact our Customer Service Department at 1-800-384-1101
Certified Public Accountants: CountingWorks, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
CountingWorks, Inc. is an approved provider for IRS, NASBA QAS and CTEC providing continuing education for CPAs, EAs, IRS and CRTPs.
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