The increasing importance of corporate governance requires your organization to offer an HSA solution with the flexibility to meet current and future regulatory requirements. Open Solutions provides documentation and supporting resources to ensure proper management of regulatory issues and help your organization get to market quickly with a compliant solution.
Documents and Forms
An array of plan documents and forms is supplied to complement your solution, including plan agreements, eligibility forms, and beneficiary designations. Additional documents for recording account activity are available, including contribution forms, rollover certifications, transfer requests, and withdrawal statements.
Information Source
Through Open Solutions' 1-800 Consulting help-line, your organization can get answers to questions regarding documentation, law changes and rulings, regulations, and compliance/correction programs. You will also be kept abreast of relevant regulatory news through an HSA newsletter and educational webcasts.
Customer Vetting
Simplify your customer screening process with components that satisfy recordkeeping and reporting of Currency Transaction Reports (CTR), provide integration support for consumer credit reports, and strengthen your organizations' risk assessment practices.
