SEC Issues Investor Bulletin for HSAs

5/24/2018

The Office of Investor Education and Advocacy in the Securities and Exchange Commission (SEC) has recently issued an Investor Bulletin on Health Savings Accounts (HSAs).  The SEC’s Office of Investor Education and Advocacy provides a variety of services and tools to address the problems and questions that investors may face.

This Investor Bulletin was their attempt to explain how HSAs operate and outline what people should be aware of when they make contributions to an HSA. Investor Bulletins are neither legal interpretations nor statements of SEC policy. The Internal Revenue Service is the primary agency regulating HSAs, so this bulletin has no regulatory impact on HSAs or HSA administrators.  With this Investor Bulletin, it appears that the SEC’s Office of Investor Education and Advocacy wants to provide information to individuals who have invested in HSAs.  As such, it is important that ECFC members that deal with HSAs, such as HSA trustees and custodians and HSA administrators, be aware of this bulletin released by the SEC.

Bill Sweetnam
Legislative and Technical Director

Link to Bulletin: https://www.sec.gov/oiea/investor-alerts-and-bulletins/investor-bulletin-health-savings-accounts-hsas

Media Contact:

Martin Trussell
(202) 659-4300
mtrussell@ecfc.org

About Employers Council on Flexible Compensation

The Employers Council on Flexible Compensation (ECFC) is a non-profit organization dedicated to the maintenance and expansion of private employee benefit programs on a tax-advantaged basis. The organization has two driving missions. The first is to represent and promote flexible compensation programs through effective lobbying. The second is to provide information on flexible compensation programs to member, national opinion leaders and the general public to help create a positive climate for the growth of flexible compensation.