In Notice 2008-59, the Treasury and IRS have recently provided guidance related to Health Savings Accounts (HSAs) in the form of 42 frequently asked questions and corresponding answers related to HSAs. HSAs are medical savings accounts which are available to US taxpayers who are enrolled in a High Deductible Health Plan. The funds from HSAs, contributed by the owner of such account, can be used to pay qualified medical expenses in a tax-advantaged manner. Notice 2008-59 can be found at the following link:

Jamie D. Aul