No. You cannot rollover or transfer an account balance to another person's HSA. This would result in a taxable distribution (i.e., a distribution that was not used for a qualified medical expense). Rollovers and transfers are only tax free to the extent they go from your existing HSA to another HSA set up in your name.
Articles in this section
- I have the Humana Advantage plan (over 2 years now) with a high deductible. My social security check automatically takes the premium for this policy. Can I reimburse the premiums to myself from my HSA? I want to roll the money from the HSA to my ROTH.
- What is the Difference Between and HSA and FSA?
- Can I be covered under another health plan and still open an HSA account?
- Can I convert an HSA account to an IRA? What are the pros/cons?
- Can I roll over or transfer funds from my HSA to a spouse's HSA?
- How does the ACA Affect Non-Medical HSA Withdrawals?
- If My Employer Contributes to My HSA, Does That Also Provide Me Any Tax Benefits?
- Can I Use My HSA to Pay for Medical Expenses Incurred Before I Set Up My HSA Account?
- Who Is Eligible for an HSA?
- Can I Borrow Against My HSA Account?