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Level 1
posted Dec 27, 2019 7:52:25 AM

Reimbursements from new HSA account for 2020

I have had an active HSA account since 2011 through my company.  In 2020, my company is switching to a new HSA management account (ie. Optum to Fidelity).  

 

Can I still reimbursement myself for medical expenses paid in 2019 with funds from the new HSA account in 2020?

 

Thanks

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1 Best answer
Level 15
Dec 27, 2019 9:29:38 AM

Yes.  As long as you had a nonzero balance in your HSA within the 18 months prior to the date of the first contribution to your new HSA, the establishment date of the old HSA carries over to the new HSA.

 

(See IRS Notice 2008-59 Q&A-41)

2 Replies
Level 15
Dec 27, 2019 9:29:38 AM

Yes.  As long as you had a nonzero balance in your HSA within the 18 months prior to the date of the first contribution to your new HSA, the establishment date of the old HSA carries over to the new HSA.

 

(See IRS Notice 2008-59 Q&A-41)

Level 1
Dec 27, 2019 2:48:55 PM

Thanks so much!