cred65 Posted December 9, 2008 Report Posted December 9, 2008 Highly compensated shareholder of S Corp has inquired about puting herself and spouse, also highly compensated by S corp, on such a plan. They are the only employees of the S corp. Anyone have any suggestions. TIA Quote
TAXBILLY Posted December 9, 2008 Report Posted December 9, 2008 A good place to start: http://www.irs.gov/publications/p969/index.html taxbilly Quote
Jake Posted December 9, 2008 Report Posted December 9, 2008 Keep in mind that an HSA needs to be coupled with a high deductible health insurance policy. It does work well with S.corps in that the insurance is 100% deductible (assuming there are sufficient wages) and the HSA contributions are also 100% deductible. Also, I am not awre of any phase out limits for higher income individuals Quote
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