Dumb HSA Question

Purple Innovation / Design
swoleUX

Purple Innovation Design

PRE
Q2
 swoleUX
7d 4 Comments

I used to have an HSA with my old company. I know those funds are mine and the HSA is mine.

I’m enrolling in benefits with my new company and I’m getting an HDHP plan and can make my own HSA but it’s not company sponsored. They explicitly state it’s my responsibility to set up the HSA.

Can I use my old companies Fidelity HSA and put funds into there? Everything I read says I need to have an HDHP which I will but I’m confused since it’s technically hosted by an old employer? i really don’t want to make my own.

TC: 125k
#medical #insurance #HSA

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 TOP 4 Comments
  • Google
    curiousjob

    Go to company page Google

    curiousjob
    Yes you can do that. I imagine you should be able to get direct deposit going, they just won't do any company supplements.
    7d 1
    • Purple Innovation / Design
      swoleUX

      Purple Innovation Design

      PRE
      Q2
       swoleUX
      OP
      Yeah I just need to give a routing / account number so I feel like I can do that? i might just open my own fidelity account and roll over to avoid any problems I guess
      7d
  • Cadence
    proxy_life

    Go to company page Cadence

    proxy_life
    I believe you would have to claim your tax benefit while filing.
    7d 0
  • Mandiant
    "dev/null"

    Mandiant

    "dev/null"
    yes. you can do that.

    you may to pay a small monthly maintenence fee to Fidelity. the amount is generally very low
    7d 0