Health Savings Accounts 101: Basic Operations, Plan Establishment, Eligibility & Contributions

Date:

Apr 8, 2025

Register


HSAs are becoming more popular, and accountholder questions are becoming more frequent. Can you describe an HSA’s features, eligibility components, and benefits? Are you adept at the more nerve-wracking aspects, like partial-year eligibility, and changes from family to individual coverage – and vice versa? Join us to learn some of the better-kept secrets of HSA savings and the creative, tax-protected ways they can be used for medical and nonmedical purposes alike!

Topics

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

  • Contrast an HSA with a traditional health insurance plan
  • Decipher an individual’s annual contribution limit
  • Name some of the more frequent errors for which corrections are requested
  • Describe common misconceptions about HSA administration
  • Explain what to do when an HSA owner dies
  • Recall ways financial institution staff – and platforms - sometimes overstep, and best practices to avoid doing so

 

TAKE-AWAY TOOLKIT

  • Link to IRS Publication 969
  • Link to the HSA plan establishment model form
  • Links to the HSA contribution and distribution IRS reporting forms and instructions that drive unique in-house transaction forms and procedures
  • Employee training log
  • Interactive quiz
  • PDF of slides and speaker’s contact info for follow-up questions
  • Attendance certificate provided to self-report CE credits
Speaker(s)

Loni Porta is the director of education at Convergent Retirement Plan Solutions and has been with the company since 2004. An industry leader in IRA, HSA, and retirement plan education, Loni plans, budgets for, and builds training and education products and solutions for financial organizations nationwide. An avid student of learning styles and adult learning principles, Loni incorporates her skills into Convergent’s training and education products and services.

She attended North Dakota State University in Fargo, ND, and came to Convergent after her tenure at Universal Pensions, Inc. (UPI), a nationally recognized retirement consulting and training firm in Minnesota. While at UPI, Loni helped design the industry’s first IRA-specific designation program (the American Bankers Association's Certified IRA Services Professional (CISP) program) and NAFCU’s Certified IRA Professional program.

Additional Information

WHO SHOULD ATTEND?

This informative session is designed for individuals who are fielding HSA questions, managing account holders’ HSA transactions, researching HSA overdrafts and excess contributions, and interfacing with HSA beneficiaries.

Fees

Live: $279
On-Demand: $279
Live + On-Demand: $379

Association Contact

Brooke McCormack
Education Meeting Coordinator
bmccormack@indiana.bank
317-387-9380