Market Overview

ECFC Announces New Health Savings Account (HSA) Expert Certification

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ECFC,
the leading nonprofit organization promoting choice in benefit solutions,
today announced that a new Health Savings Account (HSA) Expert
Certificate is now available for ECFC members and non-members.

Developed through a partnership with the American Banker's Association
(ABA) and distributed through HSA Council, the HSA Expert Certificate is
an online training program for bankers that is designed to help HSA
providers and staff master key requirements, situations and strategies
to better serve their HSA account holders.

"Our new certificate will provide a comprehensive overview of HSA
requirements for financial institutions and benefits administrators,"
said ECFC Executive Director Martin Trussell. "This certification will
not only allow HSA administrators to further assist customers plan for
healthy financial futures, but also help financial institutions grow
business."

Among the highlights of the HSA Expert Certificate:

  • HSA account administration
  • HSA benefits, strategies and best practices
  • Contribution and distribution requirements

The required, self-paced courses include: Overview of Health Savings
Accounts; HSA Eligibility; HSA Contributions; HSA Distributions; HSA
Account Administration; HSA Benefits, Strategies and Best Practices; and
How Much Do You Know About HSAs?

The new HSA Expert Certificate represents the seventh designation in the ECFC
industry designations program
. Other ECFC designations are Flexible
Compensation Specialist (FCS); Certified in Flexible Compensation (CFC);
Advanced Certified in Flexible Compensation (ACFC); COBRA Administration
Specialist (CAS); Certified Flexible Compensation Instructor (CFCI); and
Advanced Certified Flexible Compensation Instructor (ACFCI).

ECFC's HSA Expert Certificate pricing is $795 for members and $1,095 for
non-members. Individuals who successfully complete the certificate and
included online exam earn a three-year HSA Expert Certification. For
more information visit: https://ecfc.org/.

About ECFC

ECFC is a leading non-profit organization dedicated to maintaining and
expanding employee benefit programs on a tax-advantaged basis. ECFC
represents and promotes employee benefit programs through effective
lobbying and provides education and awareness to members, compensation
practitioners, national opinion leaders and the general public to help
advance healthcare consumerism. ECFC, which was founded in 1981 as the
Employers Council on Flexible Compensation, is the single organization
that focuses its efforts on preserving, protecting and defending the
tax-advantaged programs currently available to working families through
employer plan sponsors. Visit https://ecfc.org/
for more information.

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