What Happens to HSA Funds When Your Card Expires?

When your HSA card expires, it's important to know what happens to your funds. If you have an HSA account, you might wonder how the expiration of your card affects your money. Here's what you need to know:

First of all, when your HSA card expires, your funds do not disappear. Your money is safe and remains in your HSA account. However, you will not be able to access those funds using your expired card. You may need to request a new card from your HSA provider to continue using the money in your account.

It's essential to check the expiration date on your HSA card and make sure to renew it before it expires. If your HSA card expires, here are some steps to take:

• Contact your HSA provider to request a new card.
• Verify your account details and update any information if necessary.
• Continue using your HSA funds once you receive your new card.

Remember, your HSA funds belong to you, and they do not disappear when your card expires. By staying proactive and staying informed, you can ensure that your health savings account remains accessible and easy to use.

When your HSA card reaches its expiration date, rest assured that your funds remain safe and sound. What changes is only the access method. You’ll still have complete control of the money in your HSA account; however, you will need a new card to use those funds.