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A former podcast from Lockton’s ERISA Compliance Consulting team 

You’ve reached the home of ERISA is a Friend of Mine, an informal and informational podcast series that Lockton’s ERISA Compliance Consulting team produced from 2019 to 2022. Scroll down to view and listen to any of the podcast episodes. NOTE: These podcasts have not been updated since their publication dates.

For the latest information and content on ERISA and other employee benefits issues, click below to visit Lockton’s Compliance Consulting webpage, and to learn more about our services and Lockton People Solutions.


Feb 4, 2019

Correction: Near the 13:50 mark we refer to a 6 percent excise tax for nonqualified distributions (withdrawals other than to reimburse qualifying medical expenses) from an HSA. The reference should have been to a 20 percent excise tax. The 6 percent tax applies to excess contributions to an HSA.


No, it's not déjà vu, the HSA fun continues! Part two picks up where we left off in the last episode. Ed and Scott help you "give the karate chop to the tax man" by covering:


  • Eligibility requirements.
  • Contribution maximums and limitations.
  • Employer responsibilities.
  • Pulling money out.
  • Prefunding and retrofunding.
  • The Dec. 1 rule.
  • And more.


The phenomenal white paper by Scott about HSA funding mistakes is available here.

All the technical details about HSAs straight from the horse’s mouth (IRS) can be found in Publication 969.