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What Happens to an HSA at Death?
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If the spouse becomes the owner of the account, the spouse can use it as if it were their own HSA. If
unmarried, the account will no longer be treated as an HSA upon death. The account will pass to
a beneficiary or become part of the estate (and be subject to any applicable taxes).
WoodTrust Bank’s Health Savings Account offers access to funds in multiple ways – plus earn interest on daily account balances. Unlike employer based flexible spending accounts, Health Savings Accounts allow rollovers
of unused funds from year-to-year.
Next: Need More Information about HSAs?
Previous: Advantages of HSAs
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