2.26 Ark. Code R. 51-436(5)

Current through Register Vol. 49, No. 9, September, 2024

Rule 2.26-51-436(5) - Medical Savings Account (MSA) - Eligibility

In order to be eligible, a taxpayer must have insurance coverage only under a "high deductible" health plan. An "eligible individual" is more specifically defined at IRC Sec. 220(c)(1)(A). "High deductible health plan" is defined at IRC Sec. 220(c)(2)(A).