HSA Rollover: Do Health Savings Accounts Roll Over?

Is an HSA rollover right for you?

By Christy Bieber – Updated Apr 1, 2025 at 1:49 PM

Key Points

HSA funds are yours indefinitely and carry over yearly; you can move them via rollover or transfer.
Opt for a trustee-to-trustee transfer to avoid penalties and ensure funds are securely moved.
If changing HSA providers for better options, consider a rollover but adhere to the 60-day deposit rule.

A health savings account (HSA) is intended to be used to save for medical care but can also be used as a retirement savings account. You own your HSA funds, even if your employer opens the account for you, so you can take your money with you if you leave your job.

The process of moving your money from one HSA into another is called an HSA rollover. Here's how it works.

Loading paragraph...

Pills and money sitting on a balance. — Image source: Getty Images.

Loading image...

Loading paragraph...

A person stands in front of a blackboard with several question marks and dollar symbols. — Image source: Getty Images.

Loading image...

Loading paragraph...

Roth IRA Rollovers

If you need to roll over your Roth IRA, here's how to do it right.

Rollover IRAs as Retirement Plans

Moving your retirement money into an IRA can be a good plan, but there are rules to follow.

Should You Roll Over Your Roth 401(k)?

Turning your savings into a Roth 401(k) could be right for you.

How to Open an HSA: Everything You Need to Know

Health savings accounts (HSAs) are powerful financial tools for those who qualify. Here's how to open yours.

Loading hub_pages...

Carefully consider whether an HSA rollover is right for you

When you leave a job, think carefully about whether it makes sense to keep your HSA with your current plan administrator or roll it over. If you determine you want to move your HSA funds to a new account, a trustee-to-trustee transfer will simplify the process.

However, both a transfer and a rollover provide the flexibility to move HSA funds to a new provider of your choosing. So, going through the paperwork may be well worth doing if you've found one you'd prefer.

Loading paragraph...

Loading faq...

About the Author

Christy Bieber is a contributing Motley Fool retirement and Social Security expert covering retirement planning, 401(k)s, IRAs, and other personal finance topics. Christy has written about finance since 2008 and previously taught business courses at Bryant & Stratton College. She holds a law degree from UCLA and a bachelor’s degree in English, media, and communication with a certificate in business management from the University of Rochester. In law school, she earned three CALI Awards for Excellence for the highest scores in civil procedure and contract law exams.

TMFChristyB

The Motley Fool has a disclosure policy.