I've got an HSA with Wex Health Inc. that I got through my old employer (left the job last year). Balance of about 1K cash and 7.5K invested in a Vanguard S&P 500 index fund. As our strategy states, I've been paying for everything medical for me, my wife, and our new kid in cash and scanning/storing the receipts to "redeem" down the line.
My questions are:
1) There's no reason to think that I won't be able to access money from this fund just because I'm no longer with the employer, correct?
2) Assuming I still have access to the account now and down the line, is there a reason to switch to a different provider? Ie are there any penalties for keeping an old employer HSA?
3) Are there any other providers you'd recommend? Why?
Thanks Everyone