Washington (Dec. 29, 2003) -- The U.S. Office of Personnel Management is reviewing whether to offer health savings accounts in the Federal Employees Health Benefits Program -- a program that covers federal employees and their dependents.

The agency is said to be examining ways in which to extend HSAs to the more than 3 million government workers under the age of 65 who currently have high-deductible insurance plans and who qualify for them.

Last week, both the Treasury Dept. and the Internal Revenue service issued the initial set of guidance on HSAs.

-- WebCPA staff

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access