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Video instructions and help with filling out and completing Irs form 8889 instructions 2022
All right well thank you everyone for joining us today on a special webinar for health savings accounts and how they work and how you can self direct them this is going to be a topic which will probably be getting a lot more traction in the coming once with possible legislative changes so it's good to start getting your notes out here and I start getting educated quickly as you may be able to use more of these accounts and and if you do currently use these accounts please use this as a resource for you to be able to get some more information and possibly some more options for you as well a little bit about myself before we get started my name is Alex parney I'll be your presenter today I've worked for Advanta since 2022 I've also held my designation as a certified ira services professional with the american banking association since 2022 this does this accreditation does cover health savings accounts in any deemed qualified plans so I can also speak very knowledgeably to education savings accounts for 1k s IRAs employer plans and the like so if you have specific questions about HSAs or if you need some additional insight as to your options with 401ks or IRAs or any sort of qualified retirement plan or anything that falls under the purview of the umbrella of the ones I just mentioned please feel free to ask me those questions I am certainly able to and willing to answer those questions for you the required disclaimer before we do get started Advanta and our employees we do not prany investment advice nor do we endorse any investment products all the information here today is presented for educational purposes only and any person that is taking this presentation today is encouraged to get professional financial advice especially when it comes to health savings accounts as they are very specific types of qualifications so you have to have before you can before you can utilize one and as to any type of investment that you want to do to make sure that it is a appropriate investment for you to be entering into at that time a little bit about us as a company we have been operating for for several years now previously as a company named in trust but we've been here since 2022 we offer a dedicated and local feel and we have a much more flexible fee schedule than most other custodians and our only business that we focus on is self-direction of qualified plans that includes HSAs and 401ks and IRAs alike so any type of plan that you would like to utilize you can also use as a self-directed type plan and specifically going to be focusing today on the health savings account so without really getting too far off track with regards to our other services what is an HSA an HSA is a tax-advantaged account for individuals.