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Posted by Paul Thomas, CPA on May 8, 2008, 4:47 pm
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> I'm told by my HR that if I have a second payer with my
> company health plan, that I cannot participate in a High
> deductible health Plan nor make a before tax (tax free)
> contribution to a health Savings Plan, and that this is
> an IRS rule.
>
> Anyone aware of this
If by "second payer" you mean a second health insurance policy, then they
are correct. You can not have any other health plan (some exceptions apply
though).
> and can point me to the applicable IRS code section?
Probably Section 223.
There are also several Regulations and Rulings in this area that give more
guidance.
--
Paul A. Thomas, CPA
Athens, Georgia
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