Dear dmertz,
Thank you very much for your continued guidance.
I spoke with the other HSA custodian, and unfortunately, they cannot accept the $3,000 unless UMB classifies it as a Rollover distribution. I then contacted UMB to request this correction, but they informed me that they are unable to make the change.
Given this situation, what are my options?
Should I try to deduct as much of my 2024 medical expenses as possible to offset this amount? Also, I have some unclaimed medical expenses from 2023—can those be included as well? I understand that they may withhold 20% of the $3,000 balance—would that apply here?
Thank you again for your help.
Best regards, bhsong206
