Questions & Answers on Health Savings Accounts
Legal Briefs
March 2005 Legal Briefs
Banking Agencies’ Joint Guidance on Overdraft Protection
1. Background
2. Safety and Soundness
a. Account-Approval Standards
b. Ongoing Monitoring
c. Delinquencies and Charge-offs
d. Call Report Treatment
e. Vendors
3. Legal Risks
a. FTC Act/Advertising
b. TILA/Reg Z
c. Equal Credit
d. Truth in Savings
e. EFT Act
4. Best Practices
a. Marketing and Communications
b. Program Features and Operation
February 2005 Legal Briefs
Explanation of Health Savings Accounts
- Background
- What is an HDHP?
- What’s the Advantage of an HDHP?
- What Are the Tax Advantages of an HSA?
- Establishing HSA’s at a Bank
- Special Limitations on HSA Contributions
- Qualifying Medical Expenses
January 2005 Legal Briefs
Guidelines on Security & Disposal of “Consumer Information”
- Broadened Emphasis
- What Information?
- Changes in Procedures and Contracts?
- Where to Find the New Provisions.
- Some Information-Protection and Information-Disposal Issues and Examples
a. Directors’ Packets.
b. E-mails and Files on a Computer
c. Files and Other Paper Documents.
Paying Deposits to Heirs Based on Small-Estate Affidavits