How to Move Your HSA Optum Bank

Are you looking to transfer your HSA from Optum Bank to another provider? Moving your Health Savings Account (HSA) is a straightforward process that can be done with ease. Whether you are dissatisfied with Optum Bank's services or are seeking better options elsewhere, transferring your HSA is a simple task that requires a few steps.

Here's how you can move your HSA from Optum Bank:

1. Choose a New HSA Provider: Research and select a new HSA provider that meets your financial needs and offers the services you desire.
2. Open an Account: Open an HSA account with your new provider. Provide them with the necessary information, including your current HSA details.
3. Initiate the Transfer: Request a direct transfer of your HSA funds from Optum Bank to your new provider. This can usually be done online or by completing a transfer request form.
4. Complete Transfer Form: Optum Bank may require you to fill out a transfer form or provide specific instructions to facilitate the move.
5. Verify Details: Double-check all information provided to ensure a smooth transfer process.
6. Monitor the Transfer: Keep track of the transfer process to ensure your funds are moved promptly and accurately.
7. Close Optum Bank Account: Once the transfer is complete, you can close your HSA account with Optum Bank.

By following these steps, you can successfully move your HSA from Optum Bank to a new provider of your choice. Be sure to consult both your current and new HSA providers for any specific requirements or guidelines.




Transferring your HSA from Optum Bank to a new provider is not only easy but also opens up opportunities for better health savings options that align with your financial goals.