HSA

karynreno · ‎April 13, 2025

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 ?

DawnC

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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DawnC

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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