Keith asked in Business & FinanceInsurance · 6 months ago

What do do with several HSA accounts?

Hello. I have two old HSA accounts from former jobs that are currently sitting and dwindling away by monthly fees.

I have tried to switch to a lower fee company, but they require you to have a current HSA insurance premium to open an account, which I don't have.

Is there any way I can put these into a retirement fund or something?   

2 Answers

  • 6 months ago

    There are some places that allow you to move an HSA to them without having a current HSA insurance premium.  The last time I checked, one of the better deals was with Evansville Teachers Federal Credit Union ( which was letting you put the HSA money into HSA CDs paying surprising high interest rates for an HSA.  (In spite of the name, you didn't have to be a teacher to join.  However, there was a requirement to deposit $5 on non-HSA money, but that's probably less than you're losing in fees now.)

  • Anonymous
    6 months ago

    Open an account at fidelity and transfer them both there into one larger account. No fees. And then maybe invest in an S&P 500 index fund or something.

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