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Our Website

Our website is designed to educate consumers and employers about Health Savings Accounts and Consumer Driven Health Plans. A great place to start learning about HSAs is at our HSA Learning Center. It contains everything you need to know about Health Savings Account health plans.

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Did You Know......


Great Lakes HSA has been advising companies from the first day HSAs were available. Few companies can make that claim.

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US Treasury - HSA
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US Treasury HSA Rulings, Notices and Press Releases -2003-2006

IRS Notice 2005-8
IRS releases Notice 2005-8 for partners/
self-employed individuals.
IRS Publication 8889 IRS releases Form 8889 for post-tax HSA contributions.
Advisory Opinion 2004-09A Employer-sponsored HSAs and prohibited transactions
IRS Publication 969 IRS releases Publication 969 for use in preparing 2004 tax returns.
Revenue Procedure 2004-71 IRS announces 2005 cost-of-living adjustments
IRS Notive 2004-72 Nonbank Trustees & Custodians
IRS Notice 2004-50 Part III - Administrative, Procedural, and Miscellaneous
(NOTE: Corrected version posted August 10, 2004)
 
IRS Notice 2004-67 Health Savings Accounts Guidance Clarification
  Rev Proc. 2004 The Basics of HSAs - PowerPoint presentation by Roy Ramthun, Senior Advisor for Health Initiatives, U.S. Treasury Department
IRS Notice 2004-2

Common Questions about HSAs (Q&A format)

Rev Proc. 2004-22 March 30th - Provides transition relief for individuals covered by both prescription drug plans and HDHPs
Notice 2004-23 This notice provides a safe harbor for preventive care benefits allowed to be provided by a HDHP without satisfying the min. deductible under section 223
Notice 2004-25 Provides transition relief with respect to medical expenses incurred by eligible individuals
Rev. Rul. 2004-38 Clarifies rules for individuals covered by both prescription drug plans and HDHPs
Rev. Rul. 2004-45 May 11, 2004 - Treasury Clarifies Interaction of Health Savings Accounts with Other Employer-Provider Health Reimbursement Plans
Rev. Rul. 2004-43
Press Release June 25, 2004 - Treasury and IRS Make it Easier to Design Health Savings Accounts
Notice 2004-50 - Part III

07/23/2004- Administrative, Procedural, and Miscellaneous

Notice 2004-50 - Part III
(Corrected Version)
09/09/2004 Health Savings Accounts Guidance Clarification
  11/19/2004 New Guidance on Indexed Amounts for Health Savings Accounts
Notice 2005-8 01/11/2005 Clarifying the Tax Treatment of HSA Contributions by Partnerships and S  corporations
Rev. Rul. 2005-25 04/13/2005-Clarifying Contributions of Spouses to HSA Accounts
  08/26/2005 Proposed regulations under the comparability requirement for employer contributions
Notice 2005-83 11/17/2005  Provides relief for certain non-calendar-year plans with nonconforming state-mandated benefits
Notice 2005-86 12/2005 - details how to synchronize flexible spending accounts (FSAs) with HSAs to make use of the additional 2 ½ months employers may now make available to employees for spending from the previous calendar year.

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