HSA Accounts

Kerrie Schupp forwarded this to me, it was originally sent by James Riddick:

I hope this email finds everyone hanging in there and doing well. I know it has been a wild and interesting month of July for myself!

I am sending this along to everyone I had in my contact list on the CRE Services side (all consultants I know had health insurance, along with Dennis Stejskal, Tom and Kerrie); however, I do not know if you were on the High Deductible Health Plan with an HSA account when MIS was with ADP TotalSource (for 2008).

I had used all but 5 cents of my HSA, so I just left the account at that balance and presumed they would take that as much as they could with the monthly fees until it was zero and I could cut up the cards and be done with it...BUT that isn't what happened.

They have continued to deduct the $3/month fee since that time and now the account is in a negative situation. While the letter I received states they will close the account at year-end, it doesn't state what will be reported negatively on my credit history because of this automatic closure.

WARNING: If you have a Chase Health Savings account in a similar situation, you must contact them to officially close it or will be subject to the same issue. As far as I know, this doesn't mean the HSA Bank account we used in 2009 is treated the same way, but I would almost presume this is a common practice, so beware if you have an account with HSA bank that has been depleted of funds.

One more thing you should know...to close the account, they are going to send you a letter to officially close the account and you must send this back to them along with a check for the negative amount AND the $10 fee to close it. Yes...you have to PAY THEM $10 to close the account. And, contrary to popular belief, this is a "checking" type account and not a "savings" account like the title says...thus why they can treat it this way and allow it be overdrawn due to fees.

Just thought you might want to know before your negative balance gets very large.

The number for the Chase Bank HSA member services center is 866-524-2483.

Good Luck to each of you and take care!

Traveling

All,

I am leaving tomorrow and will be out of town until August 18. While I will have access to a computer it probably wont be quite like it has been over the last few weeks. Shane Holder can assist with posting info to the blog while I am gone. Contact Shane via email at: shane.holder.mis@gmail.com

- Scott

Updade Requested

All,

I thought it would be good to poll people on two items: status of your unemployment clain, status of your job search. Please take a minute to answer the two questions below.

On a different note, I'm having trouble creating a chart with the data. Let me know if you have basic spreadsheet skills. I know I'm missing something very simple.

From Jim Randall re: "Texas Payday Law"

Below is the link to the “Texas Payday Law.” All employees of MIS Group regardless of domicile are eligible to file a complaint.

http://www.twc.state.tx.us/ui/lablaw/lablaw.html

The link to obtain information about Small Claims Courts in Texas is below: (This would apply to anything paid through the MIS A/P system.)

http://www.texasbar.com/Content/ContentGroups/Public_Information1/Legal_Resources_Consumer_Information/Legal_and_Judicial_System1/How_to_Sue_in_Small_Claims_Court.htm

Our attorney in Houston feels that the chances of success are much higher on the “Payday Law” side. A claim in Small Claims Court must be filed in Dallas County. Here’s the link.

http://www.dallascounty.org/department/jpcourts/3-1/smallclaims.htm

Letter from MIS

All,

You will probably receive the letter found using the link below in the next few days if you haven't already:

http://docs.google.com/fileview?id=0B2JGwG3iTS1wYzY1MDQxNWQtNzBjYS00ZThiLWE4MmQtMTM3N2M3MmVjMTgy&hl=en

Scott

New Job Lead from Donna Cline

From Donna Cline:

I have a client that is looking for Accounting Clerk and 4 data entry people.

They are located in Plano off the North Dallas toll way.

Let me know if you have any questions.

They work 4 day weeks, 10 hour days.

Donna Cline

DML317@sbcglobal.net

Career Counseling

From Kerrie:

I have a friend, Nancy Swain, she is a corporate career counselor. Check out here website; http://www.nswain.com

She has offered to give the MIS EX-employees a discount to use her services. She is a great speaker and has spoken at many of the Association meetings around the Dallas area.


Please keep the leads and job assistance info coming.
-Scott