InfoSight Highlight: Health Savings Accounts
Friday, August 24, 2018 8:20 AM

Health Savings Accounts (HSAs) were created by the Medicare Prescription Drug, Improvement and Modernization Act of 2003 (Public Law 108-173) which was signed into law on December 8, 2003. Federal credit unions are authorized by NCUA’s Rules and Regulations parts 721 and 724 to open HSAs.

To be sure you are compliant with the requirements of HSAs, review this topic today!