How to Move Money from Employer KeyBank HSA to Fidelity HSA

Transferring funds from your employer-provided KeyBank HSA to a Fidelity HSA can be a smooth process with the right steps. Here's a handy guide to help you navigate the transfer:

Steps to Transfer Money from KeyBank HSA to Fidelity HSA:

1. Contact KeyBank: Reach out to your KeyBank HSA representative to understand the process of transferring funds to another HSA provider.
2. Open Fidelity HSA: If you don't have an existing account with Fidelity, open one to receive the funds from your KeyBank HSA.
3. Complete Transfer Form: KeyBank may require you to fill out a transfer form to authorize the movement of funds to your Fidelity HSA.
4. Initiate Transfer: Once the necessary forms are completed, KeyBank will facilitate the transfer of funds to your Fidelity HSA account.

By following these steps and staying in communication with both KeyBank and Fidelity, you can seamlessly move your HSA funds to a new provider.

Transferring funds from your employer-provided KeyBank HSA to a Fidelity HSA can be a straightforward process if you follow these steps carefully. First, it’s essential to understand the importance of keeping your HSA funds in an account that offers the best benefits for your health care needs. Here's a handy guide to help you navigate the transfer smoothly.

Steps to Transfer Money from KeyBank HSA to Fidelity HSA:

1. Contact KeyBank: Reach out to your KeyBank HSA representative to understand the specific requirements and any associated fees that may apply when transferring funds to another HSA provider.
2. Open Fidelity HSA: If you haven’t already, set up a Fidelity HSA account. This is crucial as it will be the new home for your funds.
3. Complete Transfer Form: KeyBank may require you to fill out a transfer form to authorize the movement of funds. Make sure to provide accurate information to avoid any delays.
4. Be Aware of Timing: Note that the transfer might take a few days. During this time, it’s best to keep both KeyBank and Fidelity updated for any queries you might have.
5. Initiate Transfer: Once all the necessary forms are completed, KeyBank will process the transfer of funds to your Fidelity HSA account. Ensure to verify that the amount transferred matches your expectations.

By following these steps and staying in touch with both KeyBank and Fidelity, you can seamlessly move your HSA funds to a new provider and continue to benefit from your health savings.