HSAs
This account is called a savings but is really a checking account.
What is Health Savings Account?
This type of account is used for veterans.
What is VA Federal Fiduciary?
This is the form a foreign person must complete and sign.
What is W8-BEN?
This is what you call the people who can act on behalf of the trust.
What is trustee?
The maximum annual contribution for an individual plan
What is $4400?
This account is used for someone to manage someone else’s social security benefits
What is rep payee?
This is what you need to put on an account agreement when you open an account for a co-worker.
What is "Employee Account"?
A person who can act on behalf of another person
What is Power of Attorney?
The age when you can contribute an extra $1000
What is 55?
This type of fiduciary relationship usually applies to all of the ward’s accounts
What is guardianship?
These are the two required documents to open an estate account.
What are the death certificate and court appointment of fiduciary?
This is an account that a lawyer might open to hold client deposits.
What is IOLTA?
The main factor in determining if you’re eligible for an HSA
What is having a high deductible health plan (HDHP)?
This is the entity that issues rep payee appointments.
What is the Social Security Administration?
The number we must collect for foreign customers, if their home country uses them.
What is the FTIN? (Foreign tax ID number)
This is what a trust becomes after the grantor dies.
What is irrevocable?
The minimum opening deposit for an HSA
What is $0?
This is the entity that appoints guardianships.
What is probate court?
A document that customers often provide because they incorrectly think it's what we need for an estate.
What is a will?
This type of account allows customers to have more than $250k, all FDIC insured
What is ICS?