Do You Keep HSA When You Leave Company?

When it comes to Health Savings Accounts (HSAs), one common question many individuals have is what happens to their HSA when they leave a company. This can be a significant concern for those who have been contributing to their HSA and want to ensure they can continue to access those funds.

So, do you keep your HSA when you leave a company? The answer is yes, you do get to keep your HSA even when you leave your job. Here's what you need to know:

Important Points to Consider:

• Your HSA is yours to keep regardless of employment status.
• You can continue to use the funds in your HSA for qualified medical expenses.
• If you have a High Deductible Health Plan (HDHP) with a new employer, you can keep contributing to your HSA.

It's essential to understand the rules and regulations surrounding HSAs to make the most of this valuable savings tool. By staying informed, you can continue to benefit from the tax advantages and savings opportunities that an HSA offers.

When you leave a company, you might be wondering, what happens to my Health Savings Account (HSA)? The good news is that your HSA is not tied to your employer, meaning that you keep it even after leaving a job.