I really appreciate your kind explanation regarding the issue. Fortunately, I have another HSA account with Lively HSA. I’m planning to roll over the $3,000 I received from UMB Bank, which is the current HSA custodian through my employer. I intend to deposit the $3,000 (excluding interest) into my Lively HSA within 60 days of receiving the check.
Should I contact UMB Bank to request a revision of the transaction category from “Excess Contribution Refund” to “Rollover”? Or is this step unnecessary?
