Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can existing MSA plans participate in the new HSA program (i.e. expand the contribution amounts)?

April 26, 2017contribution existing expand HSA MSA participate plans program

0

Posted

Can existing MSA plans participate in the new HSA program (i.e. expand the contribution amounts)?

1 Answer

0

Posted

A. Yes. Clients can participate in the new HSA program as long as they complete the new HSA Adoption Agreement. If MSA clients do not choose to change the deductible, coinsurance limits or contribution amounts, they do not have to do anything.