Can I move the money in my HSA fund to another HSA fund?

The company that I worked for has sold some holdings to another company. This includes my job. The new employer does not offer a high deductible/HSA eligible health insurance plan. I can still use the funds in my HSA but each month the manager (Wageworks) charges 6 dollars in fees that had previously been paid by the employer. I know I can’t get to the money without using it for medical expenses but can I transfer it to another manager? Thank you.

Eva2019-01-04T18:48:27Z

See if your credit union or bank offers HSA accounts. You can do a trustee to trustee transfer.

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D.E.B.S.2019-01-04T13:02:54Z

Google is your friend. There are countless results on this.

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Anonymous2019-01-04T09:20:17Z

For amounts below $5000, HSABANK charges $3/month. Above $5000, $0.

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StephenWeinstein2019-01-04T07:00:59Z

Yes

There is likely to be a fee of about $25 for the transfer, but it's worth it because you're going through almost 3 times that much every year.

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