How to Transfer from KeyBank HSA to Fidelity: A Complete Guide

If you're considering transferring your HSA from KeyBank to Fidelity, you may be wondering how to go about it smoothly. Transitioning your HSA account doesn't have to be a daunting task with the right information and guidance. Here's a step-by-step guide to help you transfer from KeyBank HSA to Fidelity seamlessly:

1. Evaluate Your Options: Before initiating the transfer, compare the features, fees, and investment options offered by both KeyBank and Fidelity to ensure Fidelity is the right choice for you.
2. Contact Fidelity: Reach out to Fidelity to initiate the transfer process. They will provide you with the necessary forms and instructions to move your HSA funds.
3. Complete Transfer Forms: Fill out the transfer forms provided by Fidelity accurately. Make sure to follow the instructions carefully to avoid any delays in the transfer process.
4. Transfer Funds: Once you've completed the transfer forms, authorize the transfer of funds from your KeyBank HSA to your new Fidelity account. The transfer may take a few days to complete.
5. Close KeyBank HSA: After successfully transferring your funds to Fidelity, contact KeyBank to close your HSA account with them. Ensure all transactions are completed before closing the account.

By following these steps and staying organized throughout the transfer process, you can smoothly transition your HSA from KeyBank to Fidelity without any hassle. Remember to keep track of the transfer progress and reach out to both institutions for any assistance needed. Make the most of your HSA by managing it effectively with Fidelity's services.

If you're contemplating transferring your HSA from KeyBank to Fidelity, you’re in the right place! This complete guide will make the process straightforward and anxiety-free. Follow these clear steps to ensure a smooth transition from KeyBank HSA to Fidelity:

1. Evaluate Your Options: Start by researching and comparing the fees, investment opportunities, and features offered by both KeyBank and Fidelity. Understanding what works best for your health savings needs can make a significant difference.
2. Contact Fidelity: The first step in the transfer process is to get in touch with Fidelity. They can provide you with the necessary documentation and a detailed guide to help you switch accounts. Their customer service is known to be extremely helpful if you run into any questions.
3. Complete Transfer Forms: When you receive the transfer forms from Fidelity, fill them out meticulously. Carefully following the instructions provided is critical to ensuring that the transfer doesn’t encounter any hiccups.
4. Transfer Funds: After submitting the completed forms, authorize Fidelity to initiate the transfer of your funds from KeyBank. Typically, this process should be completed within a few business days, but it’s wise to check in on the progress.
5. Close KeyBank HSA: Once all funds are transferred and confirmed in your Fidelity account, reach out to KeyBank to officially close your HSA with them. Make sure there are no pending transactions to avoid any complications.

Staying organized throughout this process is vital for a smooth transfer. Track your progress diligently and don’t hesitate to reach out to customer service at either institution for any clarifications. Take control of your HSA and maximize its benefits with Fidelity!