§ 4980G. Failure of employer to make comparable health savings account contributions
271 words·~1 min read·
/usc/title-26/section-4980gA research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)General rule In the case of an employer who makes a contribution to the health savings account of any employee during a calendar year, there is hereby imposed a tax on the failure of such employer to meet the requirements of subsection
(b)for such calendar year.
(b)Rules and requirements Rules and requirements similar to the rules and requirements of section 4980E shall apply for purposes of this section.
(c)Regulations The Secretary shall issue regulations to carry out the purposes of this section, including regulations providing special rules for employers who make contributions to Archer MSAs and health savings accounts during the calendar year.
(d)Exception For purposes of applying section 4980E to a contribution to a health savings account of an employee who is not a highly compensated employee (as defined in section 414(q)), highly compensated employees shall not be treated as comparable participating employees.
(Added Pub. L. 108–173, title XII, § 1201(d)(4)(A), Dec. 8, 2003, 117 Stat. 2478; amended Pub. L. 109–432, div. A, title III, § 306(a), Dec. 20, 2006, 120 Stat. 2951.)
Connectionstraces to 1
Traces to 1 document
U.S. Code
7 references not yet in our index
- Pub. L. 108–173, title XII, § 1201(d)(4)(A)
- 117 Stat. 2478
- Pub. L. 109–432, div. A, title III, § 306(a)
- 120 Stat. 2951
- Pub. L. 109–432
- Pub. L. 109–432, div. A, title III, § 306(b)
- section 1201(k) of Pub. L. 108–173
Citation graph
cites case law
§ 4980G
Failure of employer to make comparable health savings account contributions
Pub. L.Pub. L. 108–173, title XII, § 1201(d)(4)(A)
Stat.117 Stat. 2478
Pub. L.Pub. L. 109–432, div. A, title III, § 306(a)
Stat.120 Stat. 2951
Pub. L.Pub. L. 109–432
Cites 8 · showing 6Cited by 0 across 0 sources