Qualified Individuals (QI)

Qualified Individuals (QI) are financial institutions or entities authorized by the U.S. Treasury Department to manage and administer certain federal programs, such as healthcare savings accounts or retiree benefits. They ensure compliance with regulations, handle paperwork, and provide expert guidance. Essentially, QIs act as trusted intermediaries, ensuring that the programs operate smoothly, funds are used appropriately, and beneficiaries receive the benefits they’re entitled to. Their role is crucial in maintaining the integrity and efficiency of these federal initiatives.