HSA

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 ?

posted

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.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"