The Treasury Department and the Internal Revenue Service today released Notice 2008-59, which provides employers and employees with a new set of formal questions and answers on Health Savings Accounts (HSAs).
Notice 2008-59 contains over 40 new frequently asked questions and answers that cover a wide range of topics, including:
* Who is an Eligible Individual;
* Issues related to High Deductible Health Plans;
* Contributions to HSAs;