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Can I close my HSA for my old company?

by korort - 23 September, 2024 - 11:31 AM
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I had an HSA with healthequity when I was with my last employer.

I got a new job and a new HSA with MyCigna.

Is it safe to close out my HSA with HealthEquity? Are there any cons to doing so?

I plan to transfer the remaining balance in my HealthEquity HSA (roughly $700) to Fidelity and just invest that money into an ETF. I have too many accounts so I am just trying to consolidate everything.

Thanks in advance!
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(23 September, 2024 - 11:31 AM)korort Wrote: Show More
I had an HSA with healthequity when I was with my last employer.

I got a new job and a new HSA with MyCigna.

Is it safe to close out my HSA with HealthEquity? Are there any cons to doing so?

I plan to transfer the remaining balance in my HealthEquity HSA (roughly $700) to Fidelity and just invest that money into an ETF. I have too many accounts so I am just trying to consolidate everything.

Thanks in advance!

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