What Happens to My HSA Bank Funds When I Leave My Company?

Check eligibility on the go — browse 7,000+ HSA-eligible products in the free app.

What happens to HSA funds after leaving

Leaving a company can bring about several changes, including what happens to your Health Savings Account (HSA) bank funds. When you leave your company, your HSA funds remain yours to keep and use for eligible medical expenses, even if you no longer have a High Deductible Health Plan (HDHP).

Here's what happens to your HSA bank funds when you leave your company:

Key rules for using and moving HSA

• Your HSA funds are always yours, regardless of your employment status.
• You can continue to use your HSA funds for qualified medical expenses.
• If you are no longer enrolled in an HDHP, you can still use your HSA funds tax-free for eligible medical expenses.
• You can choose to leave your HSA with the current provider or transfer it to a different HSA custodian of your choice.
• If you leave your HSA with the current provider, be aware of any potential maintenance fees or investment options available.

Your Health Savings Account (HSA) is a valuable resource, and leaving your job doesn’t change that. When you resign or are laid off, your HSA funds are unaffected and remain available for your future healthcare needs.