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US Bank Health Savings Account problem
originally posted: 11/22/2006
reposted: 2/18/2011 This post has not been recently
reviewed or revised by the author and may be out of date. If in doubt,
please send a new question or ask for an update.
Q:
US Bank apparently refused my pre-tax contribution because my account was set up as a “retail product” as opposed to the Institutional Trust and Custody Health Savings Solution Account recommended by my employer. Can you point me in the right direction?
A:
U.S. Bank seems have its own operating procedures that are different than the larger HSA administrators. You can set up your own HSA account and make pre-tax contributions with any of the largest national administrators listed at www.healthsavingsaccount-hsa.com. You do not need to co-operation of your employer of the funds are your own voluntary contribution.
Summary
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