Some institutions take on too much “policing” of HSA transactions – like making sure withdrawals are “qualified” and making judgement calls that are not their responsibility to do so. Other institutions treat their custodial HSA accounts as “just another DDA account” and do not verify contribution types. This can result in a lot of incorrect reporting to the IRS.
The question becomes, “Where do we draw the line between institution responsibility and customer responsibility?” In this two-hour informational webinar, we will answer these questions and make suggestions on how to handle your HSA accounts with less stress.