Can I Continue to Contribute to My HSA After I Leave Employer?

One common question many individuals have when leaving an employer is whether they can continue to contribute to their Health Savings Account (HSA). The good news is that yes, you can still contribute to your HSA even after leaving your job.

Here are some important points to consider:

• When you leave your employer, you take your HSA with you. It is your personal account, and you have complete control over it.
• You can continue to make contributions to your HSA on your own, as long as you are enrolled in a high-deductible health plan (HDHP).
• Contributions to your HSA can be made with pre-tax dollars, which can help you save money on taxes.
• If you have funds remaining in your HSA when you leave your job, those funds are still available for you to use for qualified medical expenses.
• After leaving your employer, you can also choose to roll over your HSA funds to another HSA provider if you prefer.

It's essential to stay informed about the rules and regulations regarding HSAs to make the most of this valuable savings tool. By continuing to contribute to your HSA, even after leaving your employer, you can continue to grow your healthcare savings for future use.

If you're wondering whether you can keep contributing to your Health Savings Account (HSA) after resigning from your job, the answer is a resounding yes! After leaving your employer, your HSA remains intact and fully under your control, allowing you to continue making contributions as long as you're covered by a high-deductible health plan (HDHP).