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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
March 22, 2005 at 07:00 PM
NU Online News Service, March 22, 2005, 3:38 p.m. EST
A health account card company says a new electronic data program should further reduce account holders’ need to save and submit receipts.[@@]
The card company, Evolution Benefits Inc., Avon, Conn., says it is getting electronic data from a major pharmacy chain to help holders of personal health accounts, such as flexible spending accounts and health savings accounts, show the Internal Revenue Service that they are spending account assets on over-the-counter drugs and other products that are eligible for account reimbursement.
Evolution started getting OTC matching data for purchases made at retail stores in November 2004, and the company will start getting comparable data for Web-based purchases of OTC drugs in a few weeks, Evolution says.
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