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I have an HSA, but no longer have an HDHP. Am I allowed to open a new account (with more favorable interest rates) and transfer existing HSA funds into the new account ?
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Yes, you can move your HSA to a new or different custodian. You just can't make any contributions to your HSA. You can take distributions, but can't make contributions unless you are enrolled in an HDHP.
Yes, you can move your HSA to a new or different custodian. You just can't make any contributions to your HSA. You can take distributions, but can't make contributions unless you are enrolled in an HDHP.
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