Misc.Jan 14, 2020
Amazonambermsft

HSA to FSA

I have a HSA from my previous employer. My current employer only has FSA. Does anyone know how can I move my money out of current HSA. Current HSA would charge me the management fee which was earlier being paid by my previous employer.

Add a comment
FICO greyKnight Jan 14, 2020

Why would you do that even if it is allowed? I hope you are aware that Funds in FSA do NOT rollover annually.

Amazon ambermsft OP Jan 14, 2020

Is there any option for me to avoid HSA management fee ?

Google SdrPikachu Jan 14, 2020

Transfer account to a company that doesn't charge fees, like Lively.

Amazon Mmmmh Jan 14, 2020

Fidelity

Dell MosesInves Jan 14, 2020

Fidelity HSA is the best HSA and it has no fees, roll it to their. Call Fidelity and they can do it for you.

Intel cturtle Jan 14, 2020

This. FSA funds have to be used with in an year. So I don't see a point in moving it to FSA. I am not sure if you can even do that. Just roll it over to a fidelity account and I use it for medical expenses now or when you retire

FICO greyKnight Jan 14, 2020

No unless you rollover to a new employer’s HSA. If that option isnt there then just make sure you invest the funds. The management fees should be minuscule when it comes to hsa....