About the Author- Whitney Richard Johnson, esq.
Mr. Johnson is a founder and principal of two successful businesses dedicated to Health Savings Accounts: HSA Authority, LLC, an HSA solution provider for financial institutions, and HSA Resources, LLC, a provider of HSAs to employers and individuals. Mr. Johnson is an Associate Professor at St. Cloud State University where he teaches business law. His undergraduate degree is from the University of Wisconsin at Madison where he majored in Finance and he has a law degree from the University of Minnesota.
Mr. Johnson’s legal and compliance background in HSAs extends back the entire ten year history of HSAs plus more. He worked with Medical Savings Accounts, a predecessor to HSAs. He also worked more than a decade extensively with Individual Retirement Accounts which provided a legal framework for the HSA law and rules.
Mr. Johnson has presented extensively on HSAs to HSA custodians, employers, HSA owners, insurance agents, and benefits professionals. His HSA companies have given him the opportunity to hear and answer HSA questions from thousands of HSA professionals (HSA custodians, benefits professionals and insurance agents), thousands of individual HSA owners, and hundreds of companies (human resource professionals and business owners).
This book is a compilation of the ten years of HSA questions Mr. Johnson has answered, his twenty years of legal expertise on tax-deferred plans, a summary of the law and regulations, as well as his insight into industry best practices.
Prior to the passage of the HSA legislation, Mr. Johnson worked as an attorney in private practice and as in-house counsel focusing on tax-deferred plans working with financial institutions. He also served as an appointed member to IRPAC, a Washington DC IRS Advisory Board. Mr. Johnson serves as an expert witness on the duties and responsibilities of a custodian and trustee.
Mr. Johnson has written extensively on tax-deferred plans with a focus on HSAs. Significant publications include the following.
• “HSA Programs for Groups: Employer Versus Employee Responsibilities.” (2012) Benefits Quarterly, 28(3), 43-51.
• “Overcoming Employee Objections to HSAs.” (2012) Benefits Magazine, 49(2), 24-28.
• “The Impact of Health Reform on HSAs.” (2011) Benefits Quarterly, 27(3), 45-52.
• “HSAs: Six Insights for Employees Losing a Job.” (2009) Compensation and Benefits Digest, 46(10), 24-29.
• The Adviser's Guide to Health Savings Accounts. (3rd & 4th editions, – 2009 & 2010) (Mr. Johnson provided forms and worksheets for appendix material). Lesser, G.S., C. L. Keller, W.F. Sweetnam Jr, (2009 & 2010). American Institute of Certified Public Accountants.
• “IRA Funding of HSAs.” (2009) Journal of Pension Planning and Compliance, 35(1), 22-40.
• “IRA Funding of HSAs: IRS Releases New Guidance.” (2009) ABA Trust & Investments. 126 (Nov/Dec), vol. 126, 20-24.
• Individual Retirement Account Answer Book. (4th-6th editions, 1998-200). Levy, D. R., Lockwood, S. G., & Johnson, W. R. (1998-2000). Panel Publishers.
• IRA Answer Book: Special Supplement on Roth IRAs. Levy, D. R., Lockwood, S. G., & Johnson, W. R., (1998). Panel Publishers.
• “Get Ready for Roth Conversion IRAs.” (1998) ABA Banking Journal, XC (Feb), 22-30.