How to Close My Fidelity HSA: A Guide to Closing Your Health Savings Account

If you are considering closing your Fidelity HSA account, there are steps you need to follow to ensure a smooth process. Closing an HSA account may be necessary due to changing circumstances or financial goals.

Here are the steps to close your Fidelity HSA:

1. Log in to your Fidelity account online or through the mobile app.
2. Navigate to the HSA section and locate the option to close the account.
3. Follow the on-screen instructions, which may include providing a reason for closing the account.
4. Ensure that all funds in the HSA account are used for qualified medical expenses before closing.
5. Confirm the closure of the account and verify that all necessary steps have been completed.
6. Keep records of the closure process for your reference.

By following these steps, you can successfully close your Fidelity HSA account.

If you're contemplating the decision to close your Fidelity HSA account, it’s essential to navigate this process carefully to avoid potential pitfalls. Closing a Health Savings Account (HSA) might be necessary due to various personal or financial changes.

Here’s a detailed guide to ensure you close your Fidelity HSA account smoothly:

1. Begin by logging into your Fidelity account, either via the website or the mobile application.
2. Once you have accessed your account, go to the HSA section where you will find the option to close the account.
3. Follow the on-screen prompts. This may involve specifying a reason for your decision to close the account.
4. It's crucial to spend down all the remaining funds on qualified medical expenses prior to finalizing the closure of your account.
5. After you have completed the necessary steps, confirm the account closure and double-check that everything required has been addressed.
6. Make sure to keep detailed records of the closure process for your files, as it may be helpful for future reference.

By diligently following these steps, you can efficiently close your Fidelity HSA account without any hitches.