Wednesday, June 11, 2008

A Tax Break For Funding HSAs Via IRAs

Owners of individual retirement accounts that are enrolled in a high-deductible health plan can now shift IRA funds to a HSA, without facing a tax penalty. The Internal Revenue Service recently issued Notice 2008-51, which provides guidance on a qualified HSA funding distribution from an IRA or a Roth IRA.

To read more click on Funding HSAs.

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