Can I move the money in my HSA fund to another HSA fund?

  • by algiordino
  • Jan 04,2019
  • 5 answers

The company that I worked for has sold some holdings to another company. This includes my job. The new employer does not offer a high deductible/HSA eligible health insurance plan. I can still use the funds in my HSA but each month the manager (Wageworks) charges 6 dollars in fees that had previously been paid by the employer. I know I can’t get to the money without using it for medical expenses but can I transfer it to another manager? Thank you.


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Insurance Answers (5)

Eva 2 months ago

See if your credit union or bank offers HSA accounts. You can do a trustee to trustee transfer.

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Zoe 2 months ago

ynwyvfnd

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Odelia 2 months ago

wquzyvaq

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StephenWeinstein 2 months ago

Yes
There is likely to be a fee of about $25 for the transfer, but it's worth it because you're going through almost 3 times that much every year.

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DEBS 2 months ago

Google is your friend. There are countless results on this.

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