Does a Work HSA Stay with You?

Health Savings Accounts (HSAs) are a valuable tool for managing healthcare expenses. One common question people have is whether a work HSA stays with them if they change jobs.

The good news is that your HSA is yours to keep, regardless of job changes. Here’s why:

• HSAs are individual accounts owned by the account holder, not the employer.
• Any funds contributed to the HSA belong to you and can be used for eligible healthcare expenses.
• Even if you change jobs or stop contributing to the HSA, the funds in the account remain available for you to use.

So, whether you're moving to a new job, starting your own business, or retiring, your HSA stays with you, providing a valuable source of funds for medical costs.

Health Savings Accounts (HSAs) are not only a great way to save for healthcare expenses, but they are also portable, meaning they stay with you no matter where your career takes you. This portability is a significant advantage, as your HSA remains intact if you switch jobs, start your own venture, or even take a break for personal reasons.