California does not conform to these federal provisions for personal income tax purposes: * Health savings account provisions, including the exclusion of employer contributions to an employee's health savings accounts, the deduction for contributions to HSAs and the tax-free rollover of amounts from medical savings accounts to health savings accounts; * Election to claim an itemized deduction for state and local taxes paid; * Phase-out and repeal of the limitation on the amount of itemized deductions claimed by high-income taxpayers; * Repeal of the stepped-up basis rules, applicable with respect to decedents dying after Dec.
What does MSA stand for?
MSA stands for Medical Savings Account (from IRS Form 5329)
This definition appears very frequently and is found in the following Acronym Finder categories:
- Military and Government
- Science, medicine, engineering, etc.
See other definitions of MSA
We have 669 other meanings of MSA in our Acronym Attic
- Math and Science Academy
- Maximum Security Area
- Maximum Size Aggregate
- Mean-Square Average
- Meander-Sleeve Antenna
- Measure of Sampling Accuracy
- Measurement System Analysis
- Measurement Systems Analysis
- Meat Sheep Alliance of Florida (Lake City, Florida)
- Mediated Settlement Agreement
- Medical Services Account
- Medical Services of America (Lexington, SC)
- Medical Staff Association (various locations)
- Medicare Set Aside
- Mediterranean Studies Association (Massachusetts)
- Melanie & the Secret Army (band)
- Melissa Sue Anderson (actress)
- Member Services Area
- Member State Administration
- Membrane Stabilizing Action (pharmacology)
Samples in periodicals archive:
Created by the Medicare Modernization Act, which was signed by President Bush in December 2003, health savings accounts have in one year already surpassed the peak market penetration achieved over nearly 10 years by their predecessor, the Archer Medical Savings Accounts, noted Karen Ignagni, AHIP's president and chief executive officer.
Generally, employer contribution to an employee's medical savings account are not subject to income, Social Security/Medicare or Railroad Retirement taxes and will not affect amounts otherwise reported in Form W-2 boxes 1,3 and 5.
Bush: Supports medical savings accounts and more prescription drug plan options for Medicare patients.
At the moment, that hasn't been a problem because people aren't exactly breaking down the doors to buy medical savings accounts.
As a newspaper columnist and a writer for national magazines, I have spent much of my time the past several years advocating medical savings accounts as one solution to the nation's health care problems.
explains what medical savings accounts are, how they work and what the tax implications are.
The new product, The Preferred Medical Savings Account, offers an alternative to traditional and managed care coverages by combining a savings account with a high-deductible health insurance policy.