The Money Mustache Community
Learning, Sharing, and Teaching => Ask a Mustachian => Topic started by: jrutter09 on April 16, 2016, 10:07:07 PM
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Unfortunately, my mom passed away in August. She had an HSA for over 2k that now automatically went to my dad. My dad just doesn't want or need it. He doesn't want to roll it over. He has excellent insurance and health and it is losing money in fees each month. I am on an HSA qualified health plan so he wants to give it to me. Is there a way he can transfer it to me without paying the 20% tax penalty? He isn't 65 yet either.
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He could roll it over to a different HSA provider with no fees. I am not aware of any tax-free ways he could pull funds out to give to you.