At first, i thought i would just keep my hsa until i'm old enough to cash it out without penalty (still 20+ years away) or for when/if a high deductible plan becomes available.

Can i have a hsa without health insurance. Generally, to be eligible to contribute to an hsa an individual cannot be covered by another health plan that is not an hdhp. You cannot use your hsa balance to: Since you are buying your health insurance separate from your employer, you will likely be buying it on a state public exchange or on.

If your spouse has a traditional health insurance plan, such as a ppo or hmo, that provides individual coverage only, then yes, you are eligible to participate in an hsa, but only if. If you want to move your hsa, you have several options. Can i fund an hsa on my own?

Senior vice president, health benefit solutions, bank of america. Yes, you can open a health savings account (hsa) even if your employer doesn't offer one. Yes, you can open a health savings account (hsa) even if your employer doesn't offer one.

A rollover or transfer to another hsa provider. And you can't be covered by other disqualifying coverage as defined by tax laws,. While you can use the funds in an hsa at any time to pay for qualified medical expenses, you may contribute to an hsa only if you have a high deductible health.