Can I roll my Health Savings Account (HSA) to my IRA?
by admin ~ February 17th, 2008 . Filed under: Personal Finance .
Gerald S asked:
I have changed jobs and my new employer does not have a High Decuctible Health Plan. Waht can I do with the remaining money in my HSA?
Brandon Louras
I have changed jobs and my new employer does not have a High Decuctible Health Plan. Waht can I do with the remaining money in my HSA?
Brandon Louras
February 17th, 2008 at 3:42 pm
No you cannot roll the money over into an IRA. Any money that is not used is lost. You can always stock up on over the counter meds or try to get in to get some dental work done.
February 17th, 2008 at 4:59 pm
No you can’t rollover to an IRA. A HSA can remain indefinitely and can be used for any medical services, which is the perk of the program.