Kate Ashford

Absolutely. A health savings account, an HSA, is a savings account that lets you put money away pre-tax for medical expenses. To save to an HSA, you have to have a high deductible health plan, so this isn't available to everyone. But for people with access, HSAs are super useful because, as you mentioned, they have three tax advantages. You make your contributions pre-tax.

Absolutely. A health savings account, an HSA, is a savings account that lets you put money away pre-tax for medical expenses. To save to an HSA, you have to have a high deductible health plan, so this isn't available to everyone. But for people with access, HSAs are super useful because, as you mentioned, they have three tax advantages. You make your contributions pre-tax.

Absolutely. A health savings account, an HSA, is a savings account that lets you put money away pre-tax for medical expenses. To save to an HSA, you have to have a high deductible health plan, so this isn't available to everyone. But for people with access, HSAs are super useful because, as you mentioned, they have three tax advantages. You make your contributions pre-tax.

If you invest the money, any growth is potentially tax-free. And as long as you're using that money for qualified medical expenses, the distributions you take are tax-free. So it's a really good deal. And it rolls over year to year, so you don't have to use the money in the year that you save it.

If you invest the money, any growth is potentially tax-free. And as long as you're using that money for qualified medical expenses, the distributions you take are tax-free. So it's a really good deal. And it rolls over year to year, so you don't have to use the money in the year that you save it.

If you invest the money, any growth is potentially tax-free. And as long as you're using that money for qualified medical expenses, the distributions you take are tax-free. So it's a really good deal. And it rolls over year to year, so you don't have to use the money in the year that you save it.

Sure. The nice thing about an HSA is that even when you leave your job, you take your HSA with you. So it can be a good idea to move your HSA money if you're changing jobs, either because you're consolidating it with your HSA or your new position, or you're rolling it into an account with lower fees.

Sure. The nice thing about an HSA is that even when you leave your job, you take your HSA with you. So it can be a good idea to move your HSA money if you're changing jobs, either because you're consolidating it with your HSA or your new position, or you're rolling it into an account with lower fees.

Sure. The nice thing about an HSA is that even when you leave your job, you take your HSA with you. So it can be a good idea to move your HSA money if you're changing jobs, either because you're consolidating it with your HSA or your new position, or you're rolling it into an account with lower fees.

Consolidating with another HSA makes it easier to keep track of your balance, and it can help minimize fees since you're only being charged for one HSA, not two accounts, which might each have their own administrative charges. And since HSAs usually require that you have a certain balance in order to invest the money, combining two HSAs can make it easier to reach that balance.

Consolidating with another HSA makes it easier to keep track of your balance, and it can help minimize fees since you're only being charged for one HSA, not two accounts, which might each have their own administrative charges. And since HSAs usually require that you have a certain balance in order to invest the money, combining two HSAs can make it easier to reach that balance.

Consolidating with another HSA makes it easier to keep track of your balance, and it can help minimize fees since you're only being charged for one HSA, not two accounts, which might each have their own administrative charges. And since HSAs usually require that you have a certain balance in order to invest the money, combining two HSAs can make it easier to reach that balance.

And you may just want to roll over to a company that has better investment options. So those are all options for you.

And you may just want to roll over to a company that has better investment options. So those are all options for you.

And you may just want to roll over to a company that has better investment options. So those are all options for you.

So you're basically just moving funds from one HSA to another, presumably with another HSA provider. And there are three ways that this can happen. There is a trustee-to-trustee transfer, which is when your current HSA provider transfers the money to your new HSA provider.

So you're basically just moving funds from one HSA to another, presumably with another HSA provider. And there are three ways that this can happen. There is a trustee-to-trustee transfer, which is when your current HSA provider transfers the money to your new HSA provider.

So you're basically just moving funds from one HSA to another, presumably with another HSA provider. And there are three ways that this can happen. There is a trustee-to-trustee transfer, which is when your current HSA provider transfers the money to your new HSA provider.

There's a basic account rollover where your current HSA provider sends you the check, and then you deposit that money into a new account. And then there is an in-kind transfer, which works like the company-to-company transfer, except everything can be moved over in its current form. So cash is sent as cash, and investments are transferred as investments.

There's a basic account rollover where your current HSA provider sends you the check, and then you deposit that money into a new account. And then there is an in-kind transfer, which works like the company-to-company transfer, except everything can be moved over in its current form. So cash is sent as cash, and investments are transferred as investments.