105(b) questions

Discussion in 'Growing and Managing a Business' started by D_J, Oct 16, 2012.

  1. D_J

    D_J
    uix_expand uix_collapse
    New Member

    Joined:
    Oct 16, 2012
    Messages:
    4
    Likes Received:
    0
    I think 105(b) outlines the ability of a business to create an employer-funded health savings account for employees, basically in place of offering a plan. But I'm not sure if that's accurate or what the details are.

    Does this have to be created and administered like a HSA? What expenses are covered?
    Is this an acceptable replacement for offering coverage under the ACA?
    What are the contribution limits?
    What exactly is 105(b) and what are the benefits and requirements to an employer in offering it as an option to employees?

    Thanks,
    DJ
     

Share This Page