Content Overview
- Summary
- "Medical expenses" For Purposes Of An HSA
- Investments Permitted In An HSA
- HSAs And Medicare
- What Happens To An HSA Upon The Account Holder's Death
- How To Maximize Use Of An HSA
- How To Choose An HSA Administrator
- HSAs In Relation To Other Health Or Retirement Plans
- For More Information About HSAs Or To Find HSAs
Health Savings Accounts 101 (HSA)
What Happens To An HSA Upon The Account Holder's Death
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If your spouse is the designated beneficiary: The HSA is treated as the spouse’s after your death.
If someone other than your spouse is the designated beneficiary: The account is no longer an HSA and the fair market value of the HSA is taxed to the beneficiary.
If your estate is the beneficiary: The HSA ends and the fair market value is included in your income on your final income tax return.
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