DataPath Holidays
DataPath offices will be closed at 1:00 p.m. on December 23 and all day
December 24 and December 31 for the holidays.
MERRY CHRISTMAS AND HAPPY NEW YEAR!
EFT Holiday Change
Since our office will be closing at 1:00 p.m.on Thursday, December
23, all EFT transmissions will need to reach us no later than
12:00 noon.
Did you know . . .
President Bush recently opened a Health Savings Account for himself! Although
he doesn't have any medical expenses while he is in office, the announcement
said that he is preparing for the future.
DataPath
Events
DPI-125 Basic
Software Training
mySourceCard™ / CMS Software Training
DataPath
105-HRA / Defined Contribution Concept Seminars
DataPath-COBRA
Education / Training Seminars
General
Information about DataPath Seminars
Event
Calendar
DataPath
Websites
dpath.com
myHSAtoday.com
hsa223.com
hra105.com
myResourceCard.com
mySourceCard.com
idpas.com
Change0fStatus.com
DataPath Web
Services
my RSC.com
DNS:
DataPath Web Services
EFTS:
Electronic Funds Transfer Service
Contact Us
Email Sales or call
1-800-633-3841
Email
Technical Support
or call 1-501-296-9993
Check us out!
Who
We Are
Our
Mission
Our
Vision for Tomorrow
Let's Build a Relationship!
Our Strengths!
What People are Saying about DataPath
Comments?
Suggestions?
If you have any comments on the articles in this newsletter or suggestions
for future newsletters, please email mvinson@dpath.com. We
welcome your input.
Newsletter Archives
Click
here to visit newsletter archives.
See you next year!
Wishing you a successful and prosperous New Year!
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Goodbye 2004!
Hello 2005!
2004 has been an eventful year for DataPath. We began with celebrating
our 20th anniversary by leasing an additional 8,500
square feet of office space
to give us space for our
new employees. We followed that up with the following new
or improved products and services:
- myResourceCard®: DataPath's Credit Card
- mySourceCard™ : DataPath's Debit Card
- HSAtoday™: DataPath's Health Savings Account Solution
- DataPath 125: Version 3.5
- DataPath COBRA: Update of DataPath's COBRA Solution
- Established monthly newsletter giving you the latest Flexible Compensation
news and DataPath happenings
In addition to improving our current websites, we added the following
sites:
We are going to catch our breath over the Holidays, and start anew in
January. Watch for the results!
Announcing Version 3.5
of DataPath125
Version 3.5 of DataPath 125 is now available. Among other changes,
this version allows the user to administer Health Savings Accounts (HSAs)
contributions under a 125 Cafeteria Plan In order to do this, two new
benefits have been added: Health FSA - Limited Purpose (5.11) and Health
Savings Account (5.12).
Click
here to read entire article.
DataPath's latest website, myhsatoday.com,
provides information for the individual, the Plan Service Provider,
and the Employer.
Click
here to read entire article.
HSA BASICS:
The Exceptions
While a High Deductible Health Plan (HDHP) is generally the only insurance
coverage allowed under an Health Savings Account (HSA) , three notable
exceptions are allowed: Preventive Care Exception, Permitted Insurance,
and Permitted Coverage.
Click
here to read entire article.
Guidance on HIPAA Security Rule The HHS has issued the first in a series of seven papers intended to
assist health plans and other covered entities with implementing HIPAA
security standards. Click
here to view a copy.
Recently Released IRS Forms, Publications, Notices. and More
Publication 502: Medical and Dental Expenses
Publication 503: Child and Dependent Care Expenses
Publication 968: Tax Benefits for Adoption
Publication 969: Health Savings Accounts and Other Tax-Favored Health Plans
Form 2441: Child and Dependent Expenses and Form 1040A, Schedule A: Child
and Dependent Care Expenses for Form 1040A Filers.
Reporting Forms and Instructions for HSA and Archer MSA Trustees and
Custodians:
Form 5498-SA ;
Form
1099-SA;
and Instructions
Form 8885 for Claiming Health Coverage Tax Credit Rev. Procedure
2004-71 announcing Cost of Living Adjustments.
IR-2004-127 (Oct. 20, 2004) announcing cost of living adjustments applicable
to dollar limitations for pension
plans and other
items for Tax Year 2005)
IR-2004-139, Nov. 17, 2004 announcing 2005 standard mileage rates. Social Security News Release Announcing 2.7 Percent Benefit Increase
for 2005
Internal Revenue
Bulletin: 2004-41 Announcing Updated List of Nonbank Trustees and
Custodians [for HSAs]
IRS Website providing
information on disaster tax relief, including an extension of the
Form 5500 filing deadline.
IRS Notice 2004-84 (Dec. 14, 2004) releasing Cumulative list of changes
in Qualification Requirements
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