How to Close UMB HSA Account: A Step-By-Step Guide

Closing your UMB HSA account is a straightforward process but requires attention to detail. Follow these steps to successfully close your account:

1. Review Account Information: Make sure you have all the necessary details about your UMB HSA account before proceeding with the closure.
2. Contact UMB Customer Service: Reach out to UMB customer service via phone or email to inform them about your decision to close your HSA account.
3. Complete Closure Form: UMB may require you to fill out a closure form to formalize the process. Make sure to provide all necessary information accurately.
4. Verify Account Balance: Check your HSA account balance to ensure all transactions have been processed, and there are no pending payments or fees.
5. Request Transfer or Distribution: Decide if you want to transfer the funds to another HSA account or receive a distribution. Follow the necessary steps to complete the chosen option.
6. Close Account: Once all steps are completed, confirm with UMB that your HSA account has been successfully closed.

Closing your UMB HSA account is not only a straightforward process but also one that allows you to manage your finances efficiently. Start by gathering all necessary details about your account before proceeding with the closure.