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Asgardian_Force_User t1_j6neael wrote

Do you intend to invest this money? I ask because you could just open a retail HSA at Fidelity and put the money there.

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Ronaldo0720 OP t1_j6ngz39 wrote

No i don't intend to invest it. Just keep it there for any Helath care uses.

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Asgardian_Force_User t1_j6nrj64 wrote

Well, you could always go to your local bank, deposit the money in your checking account, and then initiate a transfer to your new HSA via their portal. As long as it is done within 60 days from the distribution you’re good.

I would also tell you to consider opening a personal HSA at Fidelity. It has no fees, if you change jobs in the future you can always just roll the company HSA balance to the Fidelity HSA, you can invest the money inside, and if you need to use it for medical expenses, you can always withdraw the cash.

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Ronaldo0720 OP t1_j6o732h wrote

Thank you for your advice. Sounds like the only option to do.

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