Abstract: Disclosed herein are systems and related methods for administering a financial account on behalf of a system member, where payments from the financial account are restricted to only eligible expenses. Such administration of a restricted-use financial account assists members in properly expending funds from their financial account, and thus maintaining compliance with any guidelines or laws regulating the expenditure of funds from their account. In a more specific aspect, the disclosed principles provide a solution for Medicare Set Aside (MSA) account payments by which individuals may self-administer one or more MSA accounts on their own behalf, yet ensure compliance with the guidelines and laws governing such MSA accounts, such as CMS.